Journalists from across Africa have until 29 February 2016 to submit their entries for the inaugural pan-African reinsurance Journalism Awards. Dr Femi Oyetunji, group MD/CEO of Continental Reinsurance said: “The insurance and reinsurance sector has a valuable role to play in Africa’s economic growth and development and we want to […]
Spotlight
IT SEEMS AN IRONY, BUT THE POOR NEEDS INSURANCE MORE THAN THE RICH
Adaramola The popularly held notion is that insurance is for the high ups or the upper class in the society. This view is rife in Nigeria, compounding the acceptance challenge faced by the insurance industry in the country, where poverty rate has remained astronomically high, like many developing or underdeveloped […]
Labour rejects use of pension fund for infrastructure development
By Victor Ahiuma-Young Agents of government have resumed their push for the use of pension fund to finance infrastructure development in the country. The latest of such push came from Minister Power, Works and Housing; Babatunde Fashola that the nation’s Pension Fund be used for infrastructural development in Nigeria. Just […]
Photo: Courtesy visit by management of WFM 91.7 to Sovereign Trust
Miss Insurance competition holds today
Leave a comment Chuks Udo Okonta The much awaited 2016 Miss Insurance competition organised by the Chartered Insurance Institute of Nigeria (CIIN) holds today. According to the Institute, the event will hold on Friday, February 5, at the Grandeur Events Centre, Billing Way, Ikeja, Lagos. The annual event, the institute […]
Zika Virus, Pregnancy and Travel Insurance: Squaremouth Explains Available Coverage
/PRNewswire/ — The Zika virus outbreak has caused many travelers to rethink their plans, with pregnancy being the main concern. “We’re finding the real reason travelers want to cancel is because of the virus’ impact on pregnancy,” said Jessica Harvey, Customer Service Director a leading travel insurance comparison site, Squaremouth. […]
FG seeks cooperation from insurance operators on bill review
Leave a comment Chuks Udo Okonta The Federal Government has called on insurance operators to cooperate with the committee set-up to review the industry’s bill to enable them come up with a draft that would be the impetus for rapid growth of the sector and consumers of the it’s services. […]
OPENING REMARKS BY MRS. KEMI ADEOSUN, HONOURABLE MINISTER OF FINANCE AT THE INAUGURATION OF THE COMMITTEE FOR THE REVIEW OF INSURANCE (CONSOLIDATED) BILL
Mrs Adeosu OPENING REMARKS BY MRS. KEMI ADEOSUN, HONOURABLE MINISTER OF FINANCE AT THE INAUGURATION OF THE COMMITTEE FOR THE REVIEW OF INSURANCE (CONSOLIDATED) BILL ON THURSDAY, FEBRUARY 04, 2016 IN ABUJA Protocols It is with great pleasure that I welcome you all to this inauguration of the Committee for […]
Greeks strike against leftist government’s pension plans
A one-day strike brought Greece to a standstill on Thursday, as trade unions protested against the left-led government’s plans for pension reforms that could help appease foreign creditors, but risks pushing thousands of people further into poverty. Domestic flights were grounded, ferries stay docked in ports and most public transportation […]
How Chinese Used Insurance to Dodge Currency Controls
Hong Kong’s haven turns polices into actual insurance for cash Chinese have bought record amounts of insurance in Hong Kong Before the Chinese regulator stepped in this week with measures against the insurance industry aimed at curbing the country’s $1 trillion worth of capital outflows in 2015, hundreds of thousands […]
