Archives for October 15, 2020
Nigeria’s inflation maintains upward trajectory … Records 13.71% In September 2020
Nigeria’s headline inflation maintained upward trajectory, as it expanded by 49ps in September 2020 to y/y (August: y/y), the highest level since February 2018. The outturn is 20bps higher than…
Policyholders Applaud Universal Insurance For Prompt Claims Settlement
Kayode Okunoren By Ngozi Onyeakusi __ Universal Insurance Plc Policyholders were in jubilant mood, as they attested to the claims paying ability of the insurance firm. They were rejoicing having…
COVID wordings gap could hurt some insurers: AM Best
By Matt Sheehan ___ Analysts at AM Best have warned that gaps in policy wording around the COVID-19 pandemic could still hurt some primary insurers, despite recent efforts to exclude…
Third-party capital can play dual-role at R&Q, in program business & legacy
By STEVE EVANS ____ Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, expects third-party capital to play a role across both…
NAIPCO, NCRIB Partner on Industry Growth, Development
> L-R: Financial Secretary, the National Association of Insurance and Pension Correspondents(NAIPCO), Mr. Mathew Otoijagha; General Secretary, NAIPCO, Mr. Zaka Khaliq; Honourary Treasurer, the Nigerian Council of Registered Insurance Brokers(NCRIB),…
FG Arraigns Promoters of Dantata Success over N2bn Fraud
The Federal Government has arraigned Dantata Success and Profitable Company and their promoters before the Federal High Court in Abuja for investment fraud amounting to over N2billion. Those charged along…
Accountants ‘deeply concerned’ about building back better social, environmental impacts
A global survey of 829 accountants and finance professionals reveals their deep concerns about social and environmental issues, with 90 per cent of respondents saying they want organisations to increase…