US News By Geoff Williams You’ve seen the ads. Some insurers promise coverage for extremely low insurance rates, making a big fuss over the great price but saying little about what you’ll get for that price. There’s nothing wrong with wanting a deal, but it’s important to remember that if […]
Insurance
Sovereign Trust Insurance grows profit by 14% in H1
Onaolapo Chuks Udo Okonta Sovereign Trust Insurance Plc has said its pretax profit for the period ended June 30, 2015 grew by 14 per cent from N615.85 million achieved in same period of 2014 to N702.35 million in 2015. The company disclosed this in a report presented to the […]
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA (CIIN) DURING THE OFFICIAL OPENING OF THE 2015 INSURANCE PROFESSIONALS’ FORUM ON THURSDAY 17TH SEPTEMBER, 2015 AT PARK INN, ABEOKUTA, OGUN STATE.
Lady Chukwuma PROTOCOLS It is indeed a great delight and a unique opportunity to once again be in the Rock City, Abeokuta for this year’s Professionals’ Forum. It is always very heart-warming to be in the midst of professional colleagues in a gathering which is renowned for its significance as […]
NAICOM to consider breach of code of conduct criminal act
Commissioner for Insurance Muhammed Kari and President Chartered Insurance Institute of Nigeria, Lady Isioma Chukwuma at the event. Chuks Udo Okonta The Commissioner for Insurance, Mohammed Kari, today said the National Insurance Commission (NAICOM) has been empowered by its law to treat breach of code of conduct as a […]
Photos: Faces at the 2015 Insurance Professionals’ forum in Abeokuta
Commissioner for Insurance Muhammed Kari and President Chartered Insurance Institute of Nigeria. From left: Director-General Nigerian Insurers Association, Sunday Thomas; Former President CIIN, Bola Temowo and Managing Director Consolidated Hallmark Insurance Plc, Eddie Efekoha at the event.
UK insurer Hastings eyes London listing with $278 mln share sale
Reuters UK insurer Hastings announced its intention to float on the London Stock Exchange on Tuesday, with a 180 million pound ($277.78 million) share sale aimed at accelerating its growth. The offer to institutional shareholders is expected to result in admission to London’s premier stock market in October, the company […]
Insurers will have to raise reserves to cover car crash claims – Central Bank
The average High Court personal injury award soared 34% last year, according to the courts service The average High Court personal injury award soared 34% last year, according to the courts service Insurers will have to set aside significantly more reserves to cover car-crash, workplace injuries and other claims as […]
Metropolitan Insurance gets acting CEO
Press Release We wish to inform you that the Chief Executive Officer of Metropolitan Insurance Company (MET), Kwame-Gazo Agbenyadzie has proceeded on statutory retirement. Kwame-Gazo’s services will be retained by the company in the form of consultancy agreement. In view of the above, Mrs. Lynda Odro, the current Chief Operations […]
Pat Utomi to speak at JBC retreat
Press Release The prestigious Jericho Businessmen Club (JBC) of illustrious and distinguished sons of Ibadanland will hold a special retreat on September 18th to 20th, at Bayse One Hotel, Jericho Road, GRA, Ibadan. The theme of the retreat is Human Capital Advantage For The Development Of Ibadanland. The retreat, which […]
Insurers Challenged to Develop Products for Small Businesses
allAfrica By Peterson Tumwebaze At less than 3 per cent insurance penetration rate, Rwanda is one of the countries with the lowest insurance uptake levels in the region. Many stakeholders and pundits have always blamed this state of affairs on lack of awareness about the importance of insurance among the […]
