Ogun state governor, Senator Ibikunle Amosun receiving a gift from the National Commissioner for Insurance, Mohammed Kari when the top management team of the National Insurance Commission visited the Governor at his Oke-Mosan Abeokuta, Office. As far as Ogun state governor, Senator Ibikunle Amosun, is concerned, the Nigerian state has […]
Spotlight
African Bank to partner with Sanlam on insurance
By Hanna Ziady JOHANNESBURG – African Bank says it will partner with insurance company, Sanlam in a pilot project, offering a full suite of long-term insurance and investment products to customers across 13 branches. African Bank intends to launch on April 4, with an equity base of R10 billion and […]
Human resources and the law seminar coming
Insurance was Instituted by God in the Time of Noah – Bankole
Bankole Kemi Busari A biblical dimension was today introduced in support of insurance as Olusegun Bankole the Assistant General Manager, Corporate Communications & Brand Management of Sovereign Trust Insurance PLC argued that the art of safeguarding properties against risk was perfected by God during the time of Noah. Bankole, a […]
GNI denies insuring collapsed Lekki building
Great Nigeria Insurance (GNI) yesterday denied insuring the collapsed five-storey building in Lekki, Lagos in which 35 people perished. This is contrary to the claim of the owner, MessrsLekki Worldwide Estate Limited, promoters of Lekki Gardens. Its Manager, Mr Steve Agbiboa on Sunday told The Nation that the building was […]
RIMSON canvasses engagement of risk managers
From left: Deputy President, Risk Managers Society of Nigeria (RIMSON), Raymond Akalonu; President, Jacob Adeosun; Director-General Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf; Former President RIMSON, Mrs Effiom Ekaha and Director, Research & Advocacy LCCI, Vincent Nwani at a courtesy visit to LCCI in Lagos. Leave a comment […]
Sanlam seeks regulators’ nod to acquire 23% stake in Shriram life & general insurance firms
South Africa’s leading financial group Sanlam is picking a direct stake in the Shriram Group’s life and non-life insurance firms. Currently, Sanlam holds 26 per cent stake in the Rs 90,000 crore Shriram Capital Ltd (SCL), the holding company of Shriram Life Insurance and Shriram General insurance and other financial […]
Kenya Insurance Plans Seek to Shield Farmers From Flood, Drought
Kenya’s government is introducing agricultural insurance programs that seek to help farmers deal with shocks caused by droughts and floods, the World Bank said. Farmers of corn and wheat will be protected by a system that divides crop areas into units, with those insured receiving a payout if average production […]
Old Mutual hires executive to manage split
Old Mutual Plc, which said last week it would split into its four main businesses and may list its emerging market and wealth management arms, appointed Rob Leith as director of managed separation. The Anglo-South African financial services company said Leith would be responsible for the “coordinated execution of the […]
East African Insurance Firms To Report The Worst Performance In Five Years
Insurance firms in East Africa are set to report their worst financial returns in five years as weakened currencies, low market penetration and depressed equity markets take a toll on their performances. According to Kenya’s Listed Insurance Companies Analysis for 2015 by Cytonn Investment, insurance firms will register a 48 […]
