Leave a comment and share Africa-Re’s partnership with IFC (A member of the world bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more […]
Spotlight
NAICOM implores AIO to court African governments’ support for insurance
Leave a comment and share Chuks Udo Okonta The call for governments across Africa to strongly support the insurance sector has once again been re-echoed. Suffice to state that insurance operators and regulators across the continent have agreed that the African insurance market is in dare need of serious collaboration […]
NSIA Insurance appoints Adesegun Akin-Olugbade as board chairman
Leave a comment and share Chuks Udo Okonta The Board of NSIA Insurance Limited, one of the leading providers of insurance and other financial services in Nigeria, today, announced the appointment of Dr. Adesegun A. Akin-Olugbade, OON as the new Chairman of the Board of Directors. Dr. Akin-Olugbade is a […]
Insurers live with residues of aborted recapitalisation
Leave a comment and share The journey to generate and inject fresh fund into insurance companies kitties, would have ended yesterday, but for the court injunctions that suspended the initiative. Chuks Udo Okonta in this report examines what the exercise left behind for the sector in spite the suspension. Yesterday […]
Guinea Insurance records N1.08bn gross premium written
Leave a comment and share Guinea Insurance Plc, held its 63rd Annual General Meeting (AGM) recently to transact its ordinary and special businesses and receive relevant approvals from its stakeholders. In accordance with set COVID-19 guidelines the AGM was held virtually to afford all stakeholders the same participatory rights as […]
Ilisan High School wins CIIN’s quiz competition
Leave a comment and share Chuks Udo Okonta Ilisan High School, Ogun State, has won the Chartered Insurance Institute of Nigeria (CIIN) secondary schools second edition, quiz competition. The competition took place today at the Ilisan Town Hall in Ogun State and was attended by dignitaries from all works of […]
Linkage Assurance delights claimants with N2.450bn in eight months
Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has paid N2.450 billion claims in the last eight months of 2021 to its numerous customers that suffered losses during the period under review. According to the figures made available by the Company, between January 2021 to August 2021, […]
Allianz provides guide for businesses on political violence
Leave a comment and share Businesses in South Africa experienced major losses in July from physical damage, business interruption, and loss of revenue, looting, vandalism caused by civil commotion, protests and riots which resulted in about $3.4 billion in lost output and placed 150,000 jobs at risk. Political risks and […]
Insurers to harvest low hanging fruits from AIO confab
Insurance sector regulator and practitioners at the event. Leave a comment and share Chuks Udo Okonta Insurance managers have vowed to quickly implement some of the resolutions reached at the recently concluded 47th African Insurance Organisation (AIO) Conference through their product offerings and service delivery. This, they said, will equally […]
AIICO boosts customers experience, satisfaction with embedded insurance concept
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, is taking the lead in enhancing customers experience and satisfaction through embedded concept which is presently transforming underwriting practice. Embedded insurance, which is presently gaining traction across the globe, according to experts has the potential to grow into a […]
