Archives for JUST IN - Page 243
Colombian protests could trigger higher LatAm reinsurance rates: Fitch
By  Matt Sheehan ---- Analysts at Fitch Ratings have warned that Colombian insurers may face an impact to their loss ratios and overall financial performance due to social protests over…
Analysts predict another difficult year for insurers amid elevated cat claims
Luke Gallin --- Year-to-date, catastrophe claims look to be running 17% above the long-term average (2008-2020), leading analysts at Jefferies to forecast another difficult year for the global insurance industry.…
Inflation drags seven million Nigerians below poverty line W’Bank
The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was contained in a press statement titled ‘Critical reforms needed to…
Uzodinma Offers Insurance Cover To Police Officers
By Ngozi Onyeakusi--- In a bid to provide succuor against risks in the state, the Governor of Imo State, Hope Uzodinma, has announced introduction of a policy that would insure…
Heirs Life Assurance Partners Avon Medical on World Blood Donor Day
Newly launched specialist life insurance company, Heirs Life Assurance (HLA) has partnered Avon Medical to organize a blood drive in commemoration of the 2021 World Blood Donor Day. The event,…
NAICOM Seals Deal With FRSC On 3rd Party Motor Insurance Enforcement
L-R: The FRSC, Corp Marshall, Boboye Oyeyemi accepting a plaque from the Commissioner For Insurance, CFI, Mr Sunday Thomas By Ngozi Onyeakusi---- The National Insurance Commission (NAICOM) is collaborating the…
AIICO Conducts Blood Donation Exercise
Staff of Lagos State Blood Transfusion Service conducting blood donation Pre-blood donation tests AIICO Insurance marked the 2021 World Blood Donor Day with an internal blood donation initiative. The Lagos…
US insurers face multi-billion May storm damage claims: Aon
By Steve Evan --- US property insurers and possibly some of their reinsurance providers are facing high-costs from severe storms and convective weather in May, with multi-billion dollar payouts expected…
Oil price: Experts dismiss gains as subsidy nears N200bn
After the international crude oil benchmark, Brent advanced above $70 as the PUNCH reported earlier in the month, industry experts see meagre benefits as subsidy payments gulp revenues. The Federal Account Allocation…
Governor Diri kicks against open grazing in Bayelsa
By Ngozi Onyeakusi--- The Governor of Bayelsa State, governor Douye Diri has said that there are no grazing routes in the state. He made this known while responding to questions…