Archives for INSURANCE - Page 124
Veritas Kapital Assurance announces resignation of ED, Wole Onasanya
Veritas Kapital Assurance Plc, formerly UnityKapital Assurance Plc has announced the resignation of Mr Wole Onasanya, its Executive Director, Finance and Investment According to a notification at the Nigerian Exchange…
ALLIANCE AND GENERAL INSURANCE HOLDS ANNUAL RETREAT
L-R: Owolabi Oluwaseun, Chief Financial Officer (CFO) and Oluwaseyi Adediran, Deputy Managing Director (DMD) during the Retreat. Alliance and General (A & G) Insurance PLC, one of the pioneer insurance…
Uncertainty around climate change implications should not prevent action: Aeolus
By STEVE EVANS--- Uncertainty around the potential implications of climate change for the insurance and reinsurance industry should not be a barrier to incorporating climate-related risk analysis into decision making,…
Heirs Moves To Transform Nigeria’s Insurance Industry    Â
By Ngozi Onyeakusi--- Heirs Holdings (HH), a newly liscenced insurance firm in Nigeria said it is coming with some creative innovations that will profoundly change the narrative in the industry.…
FBN INSURANCE TOTAL ASSET HITS ₦170 BILLION IN 2020Â
Val Ojumah, MD By Ngozi Onyeakusi--- FBN Insurance Limited, total asset has increased by 47% to ₦ billion for its financial year ended 31st December 2020 from ₦ billion recorded…
Photo: Sovereign Trust Insurance 26th Annual General Meeting held today in Lagos
L-R: Nafisat Lasisi, Company Secretary, Sovereign Trust Insurance Plc, Oluseun O. Ajayi, Chairman, Sovereign Trust Insurance Plc and Olaotan Soyinka, MD/CEO, Sovereign Trust Insurance Plc at the 26th Annual General…
Premiums for standalone cyber policies grew over 28% in 2020: AM Best
By Katie Baker ---- According to a new report by rating agency AM Best, the ransomware attack on US energy firm Colonial Pipeline has impacted the cyber insurance segment, with…
US insurance industry reports $7.5tn in cash and invested assets: NAIC
By Katie Baker---- According to a National Association of Insurance Commissioners (NAIC), the US insurance industry reported a total of $ trillion in total cash and invested assets at the…
Thailand’s non-life insurance market expands to $8.3bn: AM Best
By Katie Baker ----- According to a new report by rating agency AM Best, Thailand’s non-life insurance market was able to expand by to THB 253 billion (USD billion) in…
Demand for digital services could displace $280bn of premiums: Accenture
By Matt Sheehan ---- Analysts at Accenture have reported that rising demand for digital insurance premiums and their online distribution could displace $280 billion of current insurance revenues by 2025,…
