Archives for INSURANCE - Page 130
Low interest rates impacting profitability of reinsurers, says Munich Re
By Charlie Wood After years of eroding rates from excess capacities and low major-loss expenditure, Munich Re says low interest rates, exacerbated by the coronavirus pandemic, are impacting the profitability…
Law union & Rock delists from NSE, pays off shareholders
By Ngozi Onyeakusi ___ Law Union & Rock Insurance Plc has concluded plans to begin payment of per share for every 50 kobo ordinary share to shareholders following an approval…
NCRIB Restates Commitment To boosting Insurance Awareness
The Nigerian Council of Registered Insurance Brokers (NCRIB) has restated its commitment to increasing insurance awareness and senstitisation exercise, in a bid to deepen penetration in the country. Speaking during…
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),…
African Alliance Appoints Joyce Ojemudia As MD/CEO ….Announces Other Board Appointments
Joyce Ojemudia, MD African Alliance Foremost Life Insurer, African Alliance Insurance PLC, has announced new appointments to its Board following approvals from the National Insurance Commission. Accomplished Insurance sales expert…
Lloyd’s report calls for simpler insurance products
By Matt Sheehan ____In the wake of the COVID-19 pandemic, a new report from insurance and reinsurance marketplace Lloyd’s of London has called on insurers to build…
Experts to proffer sound investment channels for insurance, pension sectors
Experts as well as stakeholders in the financial service sector will converge to deliberate on how insurance and pension fund operators can build their investment portfolios to maximise…
