Archives for INSURANCE - Page 88
Provision Of Insurance: NAICOM Partners Federal Ministry Of Transport
(L-R) Deputy Commissioner (Technical) NAICOM Sabiu Bello Abubakar, Minister of State, Transportation Sen. Gbemisola Ruqayyah Saraki and Commissioner for Insurance, Olorundare Sunday Thomas. By Ngozi Onyeakusi--- The National Insurance Commission,…
Sovereign Trust Insurance Posts N5.3bn GPW … As PAT Soars By 43%
Soyika, MD, STI By Ngozi Onyeakusi--- Sovereign Trust Insurance Plc has posted a Gross premium written billion in the first quater of 2021 from billion recorded in the first quarter…
Cornerstone Insurance posts 34% growth in gross premium
Cornerstone Insurance released its annual report for the year ended 31 December 2020 with 34% growth in gross premium written to billion from billion in 2019. Profit for the period…
Demand for life reinsurance consistent despite pandemic: RGA COO Néemeh
Author: Luke Gallin ---- Despite the unprecedented impacts of the COVID-19 pandemic and elevated mortality in many parts of the world, demand for life reinsurance “continues pretty much as it has,”…
Technology drives the parametric risk transfer market: Artemis Live
Author: Katie Baker----- Undoubtedly, technology continues to be the driver of growth in the parametric risk transfer sector, said David Whitehead, Co-CEO of Speedwell Weather in a recent webcast with sister…
Insurers need to start using newer technologies: insurtech report
Author: Katie Baker --- According to a new insurtech report from Capgemini and Efma, policyholders have become more cautious when taking out insurance, resulting in the need for insurers to empower…
Insurers eye high-revenue investments with recapitalisation funds
Insurance companies are exploring high-yield investment windows to utilize the money raised through the suspended insurance recapitalisation, The Guardian has learnt. Checks showed that a few companies had fixed the…
AIICO Emerges First Nigerian Insurer Accredited for Quality Assurance by UK Actuaries Body
Babatunde Fajemirokun, MD/CEO AIICO Insurance By Ngozi Onyeakusi--- AIICO Insurance Plc., a leading insurer, has emerged as the first in Nigeria to be awarded a Quality Assurance Scheme accreditation by…
NAICOM Inaugurates Working Groups For IFRS 17
Commissioner for Insurance, Mr Sunday Thomas By Ngozi Onyeakusi--- The National Insurance Commission (NAICOM) today assured that inauguration of the Sub Working Groups (SWGs) of the Insurance Industry Financial Reporting…