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Insurance
Auwalu Muktari now Royal Exchange’s Acting Group Managing Director
PRESS RELEASE • Francis Okoli appointed Group Chief Financial Officer The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Asset Management Group is pleased to announce the appointments of the following officers to direct affairs of the group. The appointments are: • Alhaji Auwalu Muktari, former Group […]
NAICOM is working to make insurers richer, better – Kari
Kari Leave a comment Chuks Udo Okonta The Commissioner for Insurance Mohammed Kari, says the National Insurance Commission (NAICOM) is working hard to make insurance institutions richer and better, but wondered why they are not taking advantage of the opportunities created by the commission. Kari, who disclosed in Lagos, said […]
How to boost prices of insurance stocks – Shareholder
Shareholders at an event Leave a comment Chuks Udo Okonta The Coordinator Independent Shareholders Association of Nigeria (ISAN) Sir Sunny Nwosu, says reducing the volume of insurance stocks as against the present huge volume in circulation would help push up the prices. He told Inspen in an interview that inadequate […]
Insurance rip-offs are a Nationwide problem
Patrick Collinson First the bad news. When I promised last week to name and shame the companies accused of overcharging loyal customers for home insurance, I didn’t think it was going to feature Nationwide, usually one of the better behaved financial services providers. The good news is that Nationwide has […]
Regulator to tighten controls for insurance companies
By Li Xiang BEIJING, Dec. 30 (Xinhuanet) — The China Insurance Regulatory Commission said on Tuesday that it would tighten regulations for insurers to reduce the risks from equity investments. Several insurance firms have been making aggressive equity investments recently with leveraged trading and this could endanger their ability to […]
NCRIB Commiserates with Galaxy TV, others over fire disasters
Okunoren The Nigerian Council of Registered Insurance Brokers (NCRIB) has condoled with management of Galaxy Television which station was gutted by fire recently in Lagos. The Council also extended the same message to victims of recent fire outbreak in Lagos and other parts of the Country. In a release signed […]
NCRIB appeals to NAICOM over delisted brokers
The Nigerian Council of Registered Insurance Brokers (NCRIB) has appealed to the National Insurance Commission (NAICOM) to revisit the case of some of the 108 delisted broking firms as some of them made errors that are deliberate. Executive Secretary, Nigerian Council of Registered Insurance Brokers (NCRIB), Fatai Adegbenro, who made […]
Battle of wits: Local, foreign firms jostle for reinsurance deals
CFI, Mohammed Kari Nigeria and its other African counterparts are facing challenges as they struggle to have a bigger share of the juicy reinsurance business in their countries, which is largely done by foreign companies, NIKE POPOOLA reports If indigenous insurance firms in Africa are not earning premiums from the […]
Insurance stakeholders expect new dawn in 2016
In spite of hard times that Nigerians are passing through, which is equally affecting insurance adoption and renewals, market players are optimistic 2016 will usher in a new dawn in insurance industry. ZAKA KHALIQ writes. Hope dashed, dreams in still-born, harsh business operating environment, the continuous killing of people by […]
