Joel Guy Jr A Tennessee man will likely spend the rest of his life in prison after being convicted of killing his parents over Thanksgiving weekend in 2016 and disposing of their bodies. Joel Guy Jr., 32, was found guilty Friday in Knox County of two counts of premeditated first-degree […]
Spotlight
Third of Kenya’s insurance firms fail capital test
Commissioner of Insuarance Godfrey Kiptum. Firms have up to December to comply. FILE PHOTO | NMG A third of insurance companies in Kenya failed to comply with capital requirements introduced in July prompting the regulator to extend the deadline by six months. Twenty insurance companies or 35 percent of 56 […]
Swiss Re: Insurance industry can’t foot the bill for COVID-19 damages
By David Whitehouse The costs of global pandemics such as COVID-19 exceed the capacity of the global insurance industry, making them effectively “uninsurable risks”, Beat Strebel, Swiss Re’s head of Middle East and Africa, tells The Africa Report. Swiss Re has “no appetite” to insure or reinsure against pandemics, said […]
Africa Re joins DIFC to tap fast growing Gulf Islamic insurance market
Nigeria-based Africa Reinsurance Corporation has joined the Dubai International Financial Centre (DIFC) and will operate as ‘Africa Re Underwriting Agency Ltd (Africa Re).’ Image Credit: Nigeria-based Africa Reinsurance Corporation has joined the Dubai International Financial Centre (DIFC) and will operate as ‘Africa Re Underwriting Agency Ltd (Africa Re).’ The company […]
Photos of family, well-wishers at burial ceremony of Elder James Ebose, father of Augustine Ebose, MD/CEO of Anchor Insurance Company Limited
Photos of family and well-wishers at the burial ceremony of Elder James Ebose, the deceased father of Mr. Augustine Ebose, MD/CEO of Anchor Insurance Company Limited, at the weekend in Benin, Edo State.
Photos: Faces at Idu Okwuosa Managing Director of Access Pension Fund Custodian birthday celebration.
From left: Photos:Idu Okwuosa with a participant at the event. Idu
Idu Okwuosa Managing Director Access Pension Fund Custodian, clocks 50 years
Mrs. Idu Okwuosa with her children Leave a comment and share Chuks Udo Okonta Mrs. Idu Okwuosa who was recently appointed the Managing Director of Access Pension Fund Custodian Limited, today has cause to count her blessings as she clocks 50 years. Her family and friends took out time to […]
Insurance industry digital platform to expose claims defaulters
From left: Deputy Commissioner, Technical, NAICOM, Sabiu Bello Abubakar; Director, Research, Statistics and Publications, Alhaji Adamu Balanti and Head, Corporate Communications & Market Development, Rasaaq Salami at the event. Leave a comment and share Chuks Udo Okonta The anticipated insurance industry digital platform anchored by the National Insurance Commission (NAICOM) […]
Ethiopian Air unveils COVID-19 insurance cover
Ethiopian Airlines (Ethiopian) has announced that it will cover the medical insurance including repatriation, evacuation and quarantine costs related to COVID-19 from 1 October 2020 to 31 March 2021. The coverage is applicable to all Ethiopian’s international flights booked with the airline’s tickets. The global cover, Sheba Comfort, was introduced […]
NAICOM ‘ll not fail Nigerians – Thomas
Thomas Leave a comment and share Chuks Udo Okonta The leadership of National Insurance Commission (NAICOM) will not fall President Muhammadu Buhari and Nigerians, the Commissioner for Insurance, Sunday Thomas, has said. Thomas said this at the just concluded 2020 NAICOM Seminar for Insurance Journalists, at Uyo, Akwa Ibom State. […]
