Archives for October, 2020 - Page 2
Universal Insurance settles claims worth N1.2bn in five yrs
By Ngozi Onyeakusi---- Universal Insurance Plc said it settled claims to the tune of to its policyholders who suffered losses in five years. The breakdown of the claims settlement according…
Looting: Two Killed In Stampede Over COVID-19 Palliatives In Abuja
Two women died on Monday in a vicious struggle for COVID-19 palliatives looted by hoodlums in a warehouse on the Secretariat road in Gwagwalada Area Council, Abuja. Vanguard correspondent learnt…
Coronation Insurance (formerly Wapic) reassures public of Insurance sector’s readiness to cover recent losses
Yinka Adekoya, MD/CEO Coronation Insurance (Formerly Wapic Insurance) has assured its policyholders of its readiness to assist them cushion the negative effect of resent protest across the country. According the…
Photo: BJAN Executives courtesy visit to APCON Registrar
CAPTION:L-R: Mr. Goddie Ofose, Immediate past Chairman, Brand Journalists Association of Nigeria (BJAN), Mrs. Ijedi Iyoha, Deputy Director Regulations, APCON, Dr. Olalekan Fadolapo, Registrar/CEO, Advertising Practitioners Council of Nigeria (APCON),…
MTN Annouces Appointment Of Karl Toriola As CEO Designate
MTN Nigeria today announced the appointment of Mr. Karl Toriola as the CEO designate. His appointment is effective 1st March 2021, providing enough time for an orderly handover. Mr. Toriola…
CORONATION INSURANCE IS HERE FOR YOU
Yinka Adekoya, MD/CEO Press Release It is with deep sadness that all of us at Coronation Insurance (formerly Wapic Insurance) have observed the recent tragic events unfolding in Nigeria. We…
#EndSARS Protest:: Consolidated Hallmark Insurance Settles Insured Victims
Efekoha The Consolidated Hallmark Insurance(CHI) Plc is set to settle insurance claims for policyholders whose policies cover Strike, Riot and Civil Commotion(SRCC) extension. The company, who stated this in a…
BREAKING: NBC fines Channels TV, Arise, AIT N9m over #EndSARS coverage
The National Broadcasting Commission has fined Channels Television, Arise Television and Africa Independent Television for what it termed “unprofessional coverage” of the #EndSARS protests. The acting Director-General of the NBC, Prof.…
US insurers under pressure after doubling private placement assets: AM Best
By Charlie Wood ____fter US insurers ramped up their private placement bond holdings to $ trillion at year-end 2019, AM Best expects to see an increase in covenant waivers to avoid…
Covid-19 driving up P/C inland marine underwriting loses: Fitch Ratings
By Charlie Wood ___ Pandemic-related insured losses led to unprecedented volatility in the inland marine property/casualty insurance segment in the first half of 2020 and is expected to extend into…
