Archives for INSURANCE - Page 132
Tiamiyu Takes Over From Borokini As CIIN New DG
Abimbola Omowunmi Tiamiyu By Ngozi Onyeakusi -' The Chartered Insurance Institute of Nigeria (CIIN) has announced the appointment of Mrs Abimbola Omowunmi Tiamiyu as the new Director General of the…
AM Best Predicts Further Trade Credit Losses For Insurers, Reinsurers in 2020, 2021
As a result of the ongoing global economic crisis, AM Best is anticipating further trade credit losses for both insurers and reinsurers across 2020 and into 2021. Economic Secretary to…
AIICO’s MD/CEO Emerges Winner of Top CEO Award
Babatunde Fajemirokun, MD/CEO, AIICO Mr. Babatunde Fajemirokun, the MD/CEO of AIICO Insurance Plc, has emerged one of the winners in the prestigious Top CEO Award for 2020. The award, jointly…
2020 a critical year for reinsurers: AM Best
AM Best analysts have described why, in terms of both challenges and opportunities, 2020 is a critical year for reinsurers. Current hardening pricing conditions are said to be creating a…
African Alliance appoints Adekola Acting MD/CEO
Adekola The Board of Directors of African Alliance Insurance PLC has appointed Olabisi Adekola as the Acting Managing Director of the foremost insurer effective September 1, 2020. This follows the…
Law Union $ Rock Insurance To Rake In N379.7m By 2020 End
By Ngozi Onyeakusi-- Law Union & Rock Insurance Plc., one of the foremost underwriting firms in the country has projected a profit of million for the end of the year,…
China Re’s GWP climbs 21% in H1 2020 as profit dips
China Reinsurance (Group) Corporation has announced a 24% dip in net profit for the first-half of 2020 while gross written premiums (GWP) jumped by almost 21% in the period. Overall,…
AIICO Insurance Announces Rights Issue Commencement
AIICO Insurance Plc, a leading Insurer in Nigeria, is taking another giant leap forward in its recapitalization journey with the launch of its rights issue, which opens on Wednesday, September…
Emerging market insurers to be hardest hit by COVID-19: Swiss Re
Reinsurance giant Swiss Re has reported that emerging market insurers will be the hardest-hit globally by COVID-19. It is estimated that insurers will be hit with a percentage point impact…
Diong Assumes Duty Today As ARC Group Director General
Director-General, African Risk Capacity, Ibrahima Diong Ibrahima Diong has commenced work, with effect from September 1, 2020, as the Director-General (DG) of the African Risk Capacity (ARC) following his unanimous…
