Archives for INSURANCE - Page 117
Insurers need to increase reinsurance process efficiency: Sequel
By Matt Sheehan---- Analysts at Sequel have argued that insurers need to rethink their “highly inefficient approach” to reinsurance buying, alongside the release of the latest version of the Sequel Re…
Insured property asset growth outpaces GDP, despite pandemic: PERILS
By STEVE EVANS--- Insured property asset values continues to expand at a rate generally faster than GDP growth despite the effects of the pandemic and the recessions it has caused around…
Great Nigeria Insurance Stays Committed To Claims Settlement: Pays N501 Million In Q1 Of 2021
Cecilia Osipitan, MD/CEO GNI By Ngozi Onyeakusi------ Great Nigeria Insurance Plc, has continued to affirm its willingness and capacity to honour all genuine claims as and when due. The…
AIICO Distances Self From Claims of Non-Remittance of Pension Assets to PTAD
Babatunde Fajemirokun, MD/CEO, AIICO The attention of the Management of AIICO Insurance Plc. has been drawn to a recent report in the media on allegations of non-remittance of pension assets…
Insurance of the fiture must be customer friendly— Leadway
Leadway Assurance Logo By Ngozi Onyeakusi---- Insurance companies that want to remain relevant in the nearest future must conciously create digital channels that are customer friendly, customer-centric and always make…
NAIC Settles N1.7bn Claims to Farmers
The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government…
Global reinsurance capital up 7% to $658bn in 2020: Willis Re
By Charlie Wood ----- Strong investment market appreciation helped global reinsurance industry capital grow 7% to $658 billion at year-end 2020, according a new report from Willis Re. While new…
SOVEREIGN TRUST INSURANCE GROWS PROFIT AFTER TAX BY 37% IN 2020
Soyika, MD, STI By Ngozi Onyeakusi---- In spite of the challenging operating environment that characterized operations of most businesses in the country in 2020 which was largely due to the…
AIICO Gross Written Premium Soars By 23.6% To N62 bn In 2020
AIICO Insurance Plc has announced its audited results for the year ended 31 December 2020 with its Gross written premium recording N62bn thus representing growth when compared with FY 2019…
AIICO Gross Written Premium Soars By 23.6% To N62 bn
AIICO Insurance Plc has announced its audited results for the year ended 31 December 2020 with its Gross written premium recording N62bn thus representing growth when compared with FY 2019…
