Financial services company Old Mutual is preparing to sell its Italian wealth management unit as part of a wider plan to break up its business, cut costs and revamp earnings, sources familiar with the matter said on Thursday. The Anglo-South African group, which has been present in Italy since 1997, […]
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Presidency directs HoS, NAICOM to protect govt’s assets
The Presidency has directed the Head of Service to work with the National Insurance Commission (NAICOM) to ensure adequate protection of government’s assets. The directive was made through a letter signed by the Chief of Staff to President Muhammadu Buhari. According to the source, the Head of Service has been […]
Guinea Insurance appoints Isioma Omoshie as acting MD
Leave a comment and share Chuks udo Okonta Guinea Insurance Plc has announced the appointment of Isioma Omoshie as its acting Managing Director/Chief Executive Officer and the retirement of the Chairman and four Directors; who had served for over nine years on the Board of the Company. A statement by […]
Meyiwa Family Losing Patience Over Insurance Money
Samuel Meyiwa, the father of the late Orlando Pirates goalkeeper, Senzo Meyiwa, speaks on having to wait for his son’s insurance money to be processed. In 2014, the goalkeeper, who was the captain of Orlando Pirates and Bafana Bafana, was gunned down, however to date no arrests have been made. […]
Kenya Re Expects to Sell More Political Risk Cover in 2017, Boosting Earnings
By Adelaide Changole Kenya Reinsurance Corp., the country’s only publicly traded reinsurer, expects increased political risk linked to presidential elections in the East African nation next year to boost earnings, Chief Executive Officer Jadiah Mwarania said. Kenya is scheduled to hold the vote in 2017. While the previous ballot in […]
One Big Insurer Explains Why Obamacare Premiums Are Rising So Much
By Millie Dent | The Fiscal Times The Blue Cross and Blue Shield Association just released a new study that helps explain why some big health insurers are struggling to make money under Obamacare — and have jacked up premiums in many cases. The insurance giant’s newly covered customers were […]
Insurance to be issued through kiosks at Dubai malls soon
UAE residents with annual essential health benefit insurance cover will soon be able to renew their policy with a single swipe of their National ID or insurance card at kiosks set up in petrol pumps or shopping malls through credit card payment, a top official has said. The policy can […]
Adegboyega Adepegba & co solicitors, consultants holds seminar
Adegboyega Adepegba & Co holds a 3 day seminar on Human Resources Management and the Law at Green Legacy Resort, Abeokuta, Ogun State from Tuesday 3rd May to Thursday 5th May 2016. The Seminar, specially designed for Human Resources Managers is to focus on Laws relating to Labour and Employment, […]
NAICOM to create new jobs in 12 states
Leave a comment and share Chuks Udo Okonta The planned establishment of 12 new branches by the National Insurance Commission (NAICOM) would create multiple jobs Inspen can authoritatively report. The Commissioner for Insurance Mohammed Kari, who dropped the hints on the commission’s plans to extend its operations to 12 new […]
Normalcy returns to NAICOM, signs agreement with aggrieved workers
Leave a comment and share Chuks Udo Okonta Normalcy has returned to the National Insurance Commission (NAICOM) as the management has signed agreement with aggrieved staff on issues that fuelled the three days protest that rocked the commission. The Head, Corporate Affairs NAICOM, ‘Rasaaq ‘Salami, told Inspen that the workers […]
