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Standard Alliance Insurance grosses N5.43bn income

From left: Chief Executive Officer Standard Alliance Insurance Plc, Bode Akinboye; Chairman, Johnson Chukwu and Company Secretary, Uruemuesiri Oghen at the event. Leave a comment and share Chuks Udo Okonta Standard Alliance Insurance Group posted a Gross Premium Income (GPI) of N5.43 billion last year, its Chairman, Johnson Chukwu has […]

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Builders must now offer work insurance

Workers at a construction site in Ha Noi. Construction firms now have to purchase insurance for both projects and workers. — VNA/VNS Photo Vu Sinh HA NOI (VNS)— In a move to ensure workers’ safety and regulate construction related insurance mechanism, project owners and contractors undertaking construct-ion work would now […]

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Finance and Central Bank to seek insurance remedies

Gordon Deegan Senior officials from the Department of Finance and the Central Bank are to meet to discuss measures to address weaknesses in the loss-making insurance industry. The talks between the two sides are to focus on policy initiatives suggested by Central Bank governor, Patrick Honohan for the sector. This follows […]