Spotlight

Insurance

China to toughen insurance sector supervision

China’s top insurance watchdog decided to toughen supervision of the industry to guard against financial risks. Insurance regulators at all levels should shore up weak parts of the regulation to build a strict and effective supervision framework, according to a statement released by the China Insurance Regulatory Commission on Sunday. […]

Insurance

Chairman, CHI, Ekezie Leave a comment and share Chuks Udo Okonta Worried by the low insurance penetration in the country, PwC has urged insurers to form strategic alliances, enhance interactions, build trusted relationships and meet changing customers needs to reverse the trend. Dr. Andrew Nevin, who is the Financial Services […]

Insurance

Intrigues as NIA combs for director general

Leave a comment and share The task of getting a competent Director General who would oversee the day-to-day activities of the Nigerian Insurers Association (NIA) seemed to be taking sleep from the eyes of council members of the underwriters body. Chuks Udo Okonta, in this report, examines how the appointment […]

Insurance

How to achieve regional integration on insurance across West Africa – Efekoha

Efekoha Leave a comment and share Chuks Udo Okonta For insurers across West Africa to achieve regional integration, individual countries regulatory structures should be strengthened through total autonomy; deliberate efforts to foster relationship within the sub region financial sector amongst other things. The Chairman, Nigerian Insurers Association (NIA), Eddie Efekoha, […]

Insurance

UK insurers say they are ready for Brexit

A base in mainland Europe will help insurer Lloyd’s of London increase its market share on the continent in the medium term, its chairman John Nelson said today. Lloyd’s of London has announced it is opening a subsidiary in Brussels so as to continue serving European Union customers after Britain […]