By Lars Thunell & Ngozi Okonjo-Iweala When world leaders gather for critical climate negotiations in Paris later this year, they must not overlook the major injustice that means Africa – responsible for only a tiny proportion of global greenhouse gas emissions (pdf) – will suffer disproportionately from rising temperatures. The […]
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British, Swedish companies to extend insurance services to NITC
Commercial Director of National Iranian Tanker Company (NITC), Nasrollah Sardashti, said on Sunday that the British and Swedish insurance companies would offer insurance services to Iranian oil tankers after sanctions relief. [British, Swedish companies to extend insurance services to NITC] Sardashti told IRNA that negotiations have been held for the […]
AXA Mansard Insurance wins award
The Legal Team of AXA Mansard Insurance plc has emerged Best In-House Legal Team in the Insurance category at the ESQ Nigerian Legal Awards 2015, held in Lagos. The ESQ Nigerian Legal Awards honours outstanding legal professionals in Nigeria and in the diaspora. The awards rewards contributions in key business […]
Almond Productions holds insurance consumers forum
Chuks Udo Okonta Almond Productions Limited, producers of Almond Finance and Wealth Report on Television and Wetin Insurance Dey Do Sef on Naija FM has concluded plans to host the 2015 Insurance Consumer’s Forum ( ICF) The Insurance Consumer’s Forum which started in 2013 is a platform for interaction between […]
UK quarterly motor insurance premiums up 4.8 percent, biggest rise since 2010
Quarterly comprehensive car insurance premiums in Britain rose 4.8 percent, the biggest rise since 2010, according to Confused.com’s car price insurance index. The increase, which has been steady for the past year, pushed the average premium for an annual comprehensive car insurance policy to £629 ($965.45), data from price comparison […]
How can insurers and Mobile Network Operators’ partnerships be sustained?
… MicroSave argues that a sophisticated approach to m-insurance is needed. Mobile insurance is insurance sold through and with mobile network operators, offers a strong value proposition for deepening insurance penetration. Mobile insurance from telcos has been dominated by loyalty models, in which a mobile network operator (MNO) pays […]
Insurance Ombudsmen seek more powers
99 per cent of the Ombudsmen awards were honoured while only some of them were challenged in consumer courts Insurance Ombudsmen have sought more powers to settle higher claim cases as the number of complaints continue to increase. “Ombudsmen should be conferred with more powers and the Government was […]
Women’s insurance market to touch $35 billion by 2030
Mumbai: Growing awareness of insurance products and increasing number of women in workforce is expected to result in two to four times growth in annual women’s insurance market in India by 2030. According to a study done by AXA in association with International Finance Corporation (IFC), the Indian women’s insurance […]
Micro insurance capacity building for the Nigerian insurance market
The ILO’s Impact Insurance Facility is holding a training titled Unlocking the demand for Micro insurance products: How to deliver what your clients see as value organised by the Facility together with the Centre for Insurance and Financial Management Studies with the support of the Global Index Insurance Facility and […]
NICON Insurance Pays Outstanding N400 Million Debts
In compliance with the National Insurance Commission’s (NAICOM) September 30 deadline for payment of all outstanding claims by insurance firms, the new Management of NICON Insurance Ltd, said it has settled all outstanding claims in the company’s files. The claims settled by the company are a total of N400 million. […]