Archives for INSURANCE - Page 62
Floods drive high losses in 2021 as global insured nat cat bill hits $111bn: Swiss Re
By Author: Luke Gallin---Data from Swiss Re Institute’s latest sigma report shows that floods accounted for 31% of global economic losses from natural catastrophes in 2021, yet just 25% of…
REMARKS BY THE COMMISSIONER FOR INSURANCE, MR SUNDAY THOMAS, AT LAUNCH OF RISK, RESILIENCE AND REGULATORY LAB (R3LAB) IN PARTNERSHIP WITH FSD AFRICA , UKaid & NAICOM TODAY IN LAGOS
I am pleased to welcome you to the Launch of the Risk, Resilience and Regulatory Laboratory (R3Lab). This event was conceived by our development partners, Financial Sector Deepening Africa (FSD…
NAICOM bars undercapitalised insurers from new businesses, orders claims settlements
NAICOM logo The National Insurance Commission has stopped some insurance firms from taking new businesses. It also placed a limit on the transactions some of them can underwrite based on…
African Alliance Partners NCRIB Insurance Awareness Drive
BFrom L-R: Victor Peters, Head, Agency Operations, African Alliance Insurance PLC (AAIPLC); Owolabi Abass, Chairman, Nigerian Council of Registered Insurance Brokers (NCRIB), Abuja Area Committee; Rotimi Edu, President,. NCRIB; Joyce…
Great Nigeria Insurance Floats In MotorFlex Insurance
Cecilia Osipitan, MD/CEO GNI By Ngozi Onyeakusi--- Great Nigeria Insurance Plc, one of the foremost underwriting firms in the country is promoting one of its in-house generic products MotorFlex Insurance.…
Reinsurers face Russia aircraft leasing loss of up to $11bn–Moody
Moody Rating Agency has said that global insurers and reinsurers face potential claims of $9-11 billion as a result of new Russian legislation which will lead Russian airlines to effectively…
APONGBON MARKET FIRE: NCRIB CALLS FOR INSURANCE
Edu, President, NCRIB The Nigerian Council of Registered Insurance Brokers has joined its voice to the sympathy messages to the Lagos State Government over the Apongbon fire disaster where…
SOVEREIGN TRUST INSURANCE SEALS DEAL WITH ATINUKE CANCER FOUNDATION
Soyika, MD, STI As part of its Corporate Social Responsibility intervention in the area of health development and advocacy, Sovereign Trust Insurance Plc recently collaborated with Atinuke Cancer Foundation, (ACF)…
Photo: African Alliance Insurance Partners NCRIB Abuja Area Committee to drive Insurance Awareness in Abuja
BFrom L-R: Victor Peters, Head, Agency Operations, African Alliance Insurance PLC (AAIPLC); Owolabi Abass, Chairman, Nigerian Council of Registered Insurance Brokers (NCRIB), Abuja Area Committee; Rotimi Edu, President,. NCRIB; Joyce…
Nigerian Insurance Industry Has Capacity To Carry Your Risks — NIA Assures Lagosians
DG NIA, Mrs Yetunde Ilori The Director General, Nigeria Insurers Association (NIA), Mrs Yetunde Ilori at the Stakeholders Meeting on Compulsory insurances (Public Buildings) for Lagos State, in collaboration with…