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 […]
Spotlight
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 […]
Motor insurance rates to be determined by the risk factor
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 […]
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. […]