Only about 4.3 million of the vehicles plying Nigerian roads have valid insurance certificates, NIKE POPOOLA writes Most motorists are endangering the lives of other road users by driving vehicles on Nigerian roads without appropriate insurance certificates, investigation has revealed. Instead of procuring valid certificates that would provide insurance cover […]
Insurance
AXA Targets Africa Customers With $84 Million Online Investment
By Loni Prinsloo AXA SA plans to invest 75 million euros ($84 million) in Africa Internet Group, the Nigerian owner of online businesses including retailer Jumia, as France’s biggest insurer extends its product offering to customers on the world’s least developed continent. The deal will give the Paris-based company an […]
CIIN eyes SUVs for miss insurance
From left:Member of council of the Chartered Insurance Institute of Nigeria Mrs Adetutu Arusiuka, President, Lady Isioma Chukwuma and Group Managing Director AIICO Insurance Edwin Igbiti at the event today in Lagos. Leave a comment Chuks Udo Okonta Winners of Miss Insurance pageant would be driving home Sport Utility Vehicles […]
Finance Minister Reveals Plan To Develop Insurance Sector
Mrs Adeosun The Minister of Finance, Mrs Kemi Adeosun, has promised to ensure that legislation that affect the nation’s insurance industry are treated as priority as a way of making the sector contribute meaningfully to the economy. The Minister who spoke at meeting in Abuja said that the federal government […]
Gambia: Insurance Companies Implement ‘No Premium, No Cover’ Policy
All the insurance companies in The Gambia have started to implement the “No premium, No cover” policy with effect from January this year, as part of the measures to reform the industry. This means that henceforth, insurance companies have to collect premiums upfront before providing insurance cover for all classes […]
Insurance Goes Digital: What Modern Technology Means for Distribution and Competition
Sponsored by: FC Business Intelligence Format: Whitepaper Topics: Agency Management, Featured, Insurance Company Management, Operations, Sales & Marketing, Social Media, Technology, and Trends FC Business Intelligence Your download will begin shortly If your download does not begin automatically, click here to download. View this Report
Entries for Pan-African reinsurance journalism awards close Feb. 29
Journalists from across Africa have until 29 February 2016 to submit their entries for the inaugural pan-African reinsurance Journalism Awards. Dr Femi Oyetunji, group MD/CEO of Continental Reinsurance said: “The insurance and reinsurance sector has a valuable role to play in Africa’s economic growth and development and we want to […]
IT SEEMS AN IRONY, BUT THE POOR NEEDS INSURANCE MORE THAN THE RICH
Adaramola The popularly held notion is that insurance is for the high ups or the upper class in the society. This view is rife in Nigeria, compounding the acceptance challenge faced by the insurance industry in the country, where poverty rate has remained astronomically high, like many developing or underdeveloped […]
Labour rejects use of pension fund for infrastructure development
By Victor Ahiuma-Young Agents of government have resumed their push for the use of pension fund to finance infrastructure development in the country. The latest of such push came from Minister Power, Works and Housing; Babatunde Fashola that the nation’s Pension Fund be used for infrastructural development in Nigeria. Just […]
