Insurance operators Dayo Oketola, Nike Popoola, ‘Nonye Ben-Nwankwo, Fisayo Falodi, Gbenro Adeoye, Tunde Ajaja, and Jesusegun Alagbe Hit by the current economic recession in the country, most money deposit banks and insurance firms have slashed their workers’ salaries by between 20 and 50 per cent. Investigations by Saturday PUNCH revealed […]
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Engage informal sector to remain in business – NSIA Insurance GM
He said this will help insurance companies to increase their market share as against the current situation of all of them competing for clients from the formal sector workers. General Manager, operations, of NSIA Insurance, Samuel Adoteye- Asare, has urged insurance companies to be more innovative in order to penetrate […]
Nurses set to strike over insurance at 5 Minnesota hospitals
By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — Thousands of nurses at five Minnesota hospitals are scheduled to go on strike at 7 a.m. Monday, Labor Day, in a dispute over health insurance, workplace safety and staffing levels. Here’s a look at some of the issues: ___ WHICH HOSPITALS ARE […]
Survival strategy for insurers amidst recession by Ojuma
Ojumah Leave a comment and share Chuks Udo Okonta The Managing Director FBNInsurance Limited Val Ojumah, has identified product innovation; refocus of distribution strategy and improved service delivery as survival strategies for insurance companies at this time the country is in a recession. Ojumah, who said this at the just […]
Amosu urges insurers to redeem battered image
COMMISSIONER FOR INSURANCE, ALHAJI MOHAMMED KARI, DEPUTY GOVERNOR OF OGUN STATE, CHIEF (MRS) YETUNDE ONANUGA, CIIN PRESIDENT, LADY ISIOMA CHUKWUMA AND CIIN DEPUTY PRESIDENT, MRS FUNMI BABINGTON-ASHAYE DURING THE 2016 INSURANCE PROFESSIONALS’S FORUM IN ABEOKUTA, OGUN STATE Leave a comment and share Chuks Udo Okonta The Governor of Ogun State […]
Sovereign Trust Insurance bags corporate brand award
Bankole receiving the award. Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has emerged the Corporate Brand of the Year for 2015, at the just-concluded Inspenonline Media Awards held at the Lagos State Chamber of Commerce and Industry Conference and Exhibition Centre, Alausa, Ikeja, Lagos, on […]
Fitch: Falling Yields Hit UK Life Insurers’ Solvency II Ratios
(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: UK Life Insurance Dashboard – 1H16 Results here LONDON, August 23 (Fitch) Fitch Ratings says Solvency II (S2) ratios declined in 1H16 across the UK life insurance sector, driven by a fall in interest rates, particularly […]
Tankers shell out extra insurance costs amid escalation in Nigeria, others piracy
Tankers moving through the Gulf of Guinea in West Africa are paying additional insurance premiums compared with relatively safer sea lanes due to escalation of piracy incidents and sea robberies in the region, and there will be serious concerns if these criminal activities become enmeshed with political disputes, a senior […]
Leadway Assurance signs MoU with Total Nigeria on insurance distribution
From left: Executive Director, Finance and Systems, Leadway Assurance Ltd- Tunde Hassan-Odukale; General Manager/Head of Retail, Leadway Assurance Ltd- Tinashe Muyambo; Executive Director, General Business, Leadway Assurance Ltd- Ms. Adetola Adegbayi; Territorial Sales Manager (North), Total Nigeria Plc- Muftau Balogun; Retail Marketing Manager, Total Nigeria Plc- Henrietta Isokpan at the […]
FBNInsurance doles out N250,000 to indigent students
Ojumah Leave a comment and share Chuks Udo Okonta FBNInsurance Limited, in line with her Corporate Responsibility and Sustainability policy, has awarded scholarships worth N250,000 to indigent students of Aragba Primary School, Aragba-Orogun, near Abraka, Delta State. Speaking at the cheque presentation ceremony which held at the palace of the […]