Archives for JUST IN - Page 376
AIICO Insurance Unveils New Corporate Website
Babatunde Fajemirokun, MD/CEO AIICO Insurance By Ngozi Onyeakusi--- AIICO Insurance has launched its new corporate website and e-business portal in keeping with its commitment to providing superior and remarkable experience…
Linkage Assurance targets N700.8m PAT for 2021 Q3
By Ngozi Onyeakusi – Linkage Assurance Plc, one of the foremost underwriting companies in the country has released its earnings forecast for the third quarter for the period ending 30…
Court Convicts Former Bank PHB Boss, Atuche Over N25.7bn Theft
Fmr Bank PHB Boss, Atuche A Lagos High Court sitting in the Ikeja area has convicted Francis Atuche, a former Managing Director of the defunct Bank PHB on charges of…
TONY ELUMELU FOUNDATION TRAINS OVER 200,000 ENTREPRENEURS ACROSS 54 AFRICAN COUNTRIES
Entrepreneurs have completed the business management training globally likened to an MBA The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has…
INEC creates additional 56,872 polling units, fixes time for Ekiti, Osun governorship polls
The Independent National Electoral Commission (INEC) on Wednesday announced the creation of additional 56,872 polling units across the country, bringing the total number from 119,974 to 176,846. The…
Global macroeconomic resilience cut by 18% by COVID-19: Swiss Re
By Charlie Wood ---- COVID-19’s emergence in 2020 caused macroeconomic resilience to fall by 18%, according to a Swiss Re Institute report. While global economic growth is expected to recover…
Global insurance protection gap hit $1.4 trillion high in 2020: Swiss Re
By STEVE EVANS --- The global insurance protection gap, or the gap between economic losses and those that are insured, widened in 2020 as pandemic related effects drove global macroeconomic…
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…
