From left: Controller/Head, Human Resource, Administration and Corporate Communications, Nigerian Insurers Association, Davis Iyasere, Director-General, Mrs. Yetunde Ilori and Controller, Information Technology, Research & Statistics, Mrs Bola Omole at the event. * Deploys kitted Insurance Squad Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has […]
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AXA Mansard Insurance outlook rated negative by AM Best
Leave a comment and share Chuks Udo Okonta The outlook/implication of AXA Mansard Insurance Plc, has been rated negative by AM Best, Inspenonline can report. The global credit rating agency, disclosed this in its September 2019 rating report sent to this medium, stressing that the credit ratings included in the […]
Anchor Insurance sponsors NAFEST Edo 2019
Augustine *Wins double awards Leave a comment and share Chuks Udo Okonta Anchor Insurance Company Limited has throw its weight behind the sponsorship of the National Festival of Arts and Culture otherwise christened NAFEST Edo 2019 being hosted by Edo State in October even as the company has won two […]
Insurers struggle to sell shares at discounted rates
Leave a comment and share Chuks Udo Okonta Insurance companies seemed to be facing herculean task in getting ordinary shareholders take up their share rights at discounted rates, Inspenonline can report. Findings from shareholders revealed that the ordinary equity holders are not taking up the rights presented by some firms […]
Verod to acquire Metropolitan Life Insurance Nigeria
Leave a comment and share Verod Capital Management has received regulatory approvals for its acquisition of 100 per cent of the shareholding of Metropolitan Life Insurance Nigeria from South African-based Momentum Metropolitan Holdings. The transaction, for an undisclosed amount, sees Momentum Metropolitan exit the Nigerian market, in line with its […]
One firm meets NAICOM’s requirements as 49 submit recapitalisation plans
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said out of the 47 insurers and two reinsurers that have submitted thier recapitalisation plans, only One company’s submission was noted to have met the necessary requirements. A statement by the Head,Commissioner for Insurance’ Directorate, Rasaaq […]
Sovereign Trust Insurance wins most innovative retail brand award
From left: Deputy General Manager, Sales & Corporate Communications, Sovereign Trust Insurance Plc, Segun Bankole,being presented with the ‘Most innovative retail brand award 2018’ by the Executive Secretary of the Nigerian Council of Registered Insurance Brokers, Alhaji Fatai Adegbenro at the 2nd edition of the Business Journal Annual Lecture/Awards at […]
Experts canvass use of robust ICT in driving insurance business
Dr. Henry Nkemadu, Director, Public Affairs, Nigerian Communications Commission (NCC) delivering the keynote address at the Business Journal 2nd Annual Lecture/Awards last Friday in Lagos. He represented Prof Umar Danbatta, the EVC/CEO of NCC. Leave a comment and share Chuks Udo Okonta Experts in the financial service sector have implored […]
Kenya’s insurance sector shifts focus to technology
ZEP-RE MD Hope Murera (L) and Michael Onyango CEO Future Work By Fredrick Obura Reinsurance Company, ZEP-RE is collaborating with Kenya’s insurance industry to aggressively embrace technology and help expand access to insurance service. Speaking at CEO Breakfast, which brought together CEOs, CIOs, and Heads of Innovation and Strategy from […]
These are South Africa’s best and worst life insurers
The latest South African Customer Satisfaction Index (SA-csi) for life insurance shows who has the most satisfied customers in the country. Life insurers face their biggest battleground yet in South Africa – a heavily constrained economy, high unemployment, a growing burden of disease and technology and distribution disruption that is […]
