Among the risk factors include vehicle make and model, gender and occupation. Come 2017, motor insurance rates will be based on a list of risk factors, instead of the current pricing policy. This was revealed in an article by paultan.org – a Malaysian automotive blog – a move that now […]
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Traffic to prison : Insurance experts fault Lagos magistrate’s action
By Rose Onuoha & Onozure Dania Insurance experts have faulted the action of a magistrate, Funke Sule-Hamzat, who allegedly instigated the remand of a mother of three, Mrs Yetunde Osijo, in Kirikiri Prisons, after their cars were involved in a minor traffic crash. Managing Director of Quicklink Insurance Brokers, Mr. […]
How Technology can grow Nigeria’s insurance industry
By Laju Iren The Managing Director of data centre company, Rack Centre, Mr.Ayotunde Coker, has advised insurance executives on the need to leverage on technology to meet the rising expectations of their clients for the anticipated growth in the Insurance Industry. Coker at a Lagos seminar organised by the Nigerian […]
Political insurance in an election year
A voter By: Mawuli Zogbenu Elections are a major agenda in the political calendar of any country the world over; it is little wonder that many businesses are said to determine whether they are ‘going’ or ‘coming’ when the time approached for leaders to be voted into key positions of […]
India could impose penalties for delay in settling crop insurance claims
(Reuters) – The government is looking at imposing penalties for delaying farmers’ settlement claims under the new crop insurance plan, Financial Services Secretary Anjuly Chib Duggal said on Tuesday. The government in January launched a crop damage insurance plan to give a shield to millions of farmers who suffer when […]
Investing in forests is an insurance policy for the planet,’ says UN chief
In many rural economies, the forest enterprises of families and communities are major contributors to local livelihoods. Photo: FAO/Giuseppe Bizzarri On the International Day of Forests, United Nations Secretary-General Ban Ki-moon is calling on governments, businesses, civil society and other partners to adopt holistic policies and practices to protect, restore […]
Mauritius-Based Reinsurance Solutions Launches London Subsidiary
Reinsurance Solutions Group announced the launch of its London subsidiary, Reinsurance Solutions London Ltd. Reinsurance Solutions is a Mauritius-based reinsurance broking group trading across Africa with subsidiaries in Kenya, Cote d’Ivoire, and now London. The group, established 20 years ago, has grown to become the largest African-owned specialist reinsurance broker, […]
Why some applications for broking licence were rejected – NAICOM
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said some applications for insurance broking licence were rejected because it observed that some of the applicants have been operating illegally without its permission. The Commissioner for Insurance, Mohammed Kari, who disclosed this to journalists in Abeokuta, […]
FBNInsurance rewards outstanding salesmen, women at annual retail awards
Leave a comment and share Chuks Udo Okonta FBNInsurance Limited, an FBN Holdings company associated with the Sanlam Group South Africa, as part of her corporate strategy and in appreciation of a job well done, recently rewarded, her outstanding Financial Advisors, Sales Managers and Senior Sales Managers at an annual […]
China regulator tightens rules on life insurance products
Xiang Junbo, chairman of China Insurance Regulatory Commission (CIRC), answers a question at a news conference on the sidelines of the National People’s Congress (NPC), China’s parliament, in Beijing, China, March 12, 2016. REUTERS/Jason Lee China’s insurance regulator is tightening its control over short and mid-term life insurance products, in […]
