Archives for INSURANCE - Page 103
Sovereign Trust Insurance lists additional 4.17bn ordinary shares on NSE
Sovereign Trust Insurance (STI) Plc. has said that an additional 4,170,411,648 of its ordinary shares were on December 23, 2019, listed on the Daily Official List of the Nigerian Stock…
Insurance rebranding project freezes as Recapitalisation fever grips Insurers in 2019
The business operating environment seems tough for companies, especially, in the insurance sector of the economy. Though, there was an improvement in the value and volume of claims paid by…
Royal Exchange Appoints Wale Banmonre Group MD, John Iwuajoku ED Operations
Banmonre By Ngozi Onyeakusi -- The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Financial Services Group has announced the appointments of Mr. Olawale O. Banmore as…
Photo: NAIPCO Party In A Grand Style
National Association of Insurance and Pension Correspondents (NAIPCO), End of the year party, High point of the Event: Cutting of cake
Consolidated Hallmark Insurance Secures NAICOM Approval For Micro insurance
By Ngozi Onyeakusi-- Consolidated Hallmark Insurance (CHI Plc), one of the foremost underwriting firms in the country has secured approval-in-principle from the National Insurance Commission (NAICOM) to operate CHI Micro…
Sovereign Trust Insurance Rolls Out Right Issues Scorecard
By Ngozi Onyeakusi-- Following a successful completion of the Rights Issue Offer of Sovereign Trust Insurance Plc, the Securities and Exchange Commission, (SEC) has given to the underwriting firm approval…
Insurance Industry Recapitalization To Increase Safety, Soundness, Boost Financials Of Firms– Amed
By Ngozi Onyeakusi -- The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Monday said that the recapitalization in the insurance Industry was necessary to ensure soundness of…
Niger Insurance Settles Claims Worth N1.4bn In Nine Months …Affirms Commitment To Prompt Settlement of Outstanding
From left: EKPERAHWA JAMES (HEAD, FINANCE & ACCOUNT), ALESHINLOYE ROTIMI (HEAD, STRATEGY & PERFORMANCE), KUPONIYI KUNLE (HEAD, ICT), IGBITI EDWIN (MD/CEO), UMUOLO JANE (HEAD, GROUP LIFE BUSINESS), SALAMI ADEMOLA (CHIEF…
NAICOM hosts 3rd General Assembly of AAISA Dec. 9-10
From Ngozi Onyeakusi -- The National Insurance Commission (NAICOM) is set to host the 3rd General Assembly of the Association of African Insurance Supervisory Authorities (AAISA) on December 9 -…
Recapitalization: Guinea Insurance Set To Raise Additional N8bn
By Ngozi Onyeakusi-- Consequent to the June 30th, 2020 deadline given by National Insurance Commission (NAICOM) for firms to comply with its new capital regime, it was hats off to…