Archives for TOP STORIES - Page 182
US property losses hit $68bn in 2020: Xactware & PCS
By STEVE EVANS---Insured property losses in the United States hit over $68 billion in 2020, as 19 catastrophe events of more than $1 billion in claims each hit the country…
MASSOB takes Buhari to ICJ
The Movement for the Actualisation of the Sovereign State of Biafra (MASSOB) said it has concluded plans to sue President Muhammadu Buhari at the International Criminal Court of Justice (ICJ)…
Universal Insurance posts N637.9m profit in 2020
Universal Insurance Plc has released its audited financial statement for the year ended December 31, 2020 with 82% increase in group gross premium written to billion from billion in 2019.…
LAW UNION & ROCK INSURANCE NOW TANGERINE GENERAL INSURANCE LIMITED
By Ngozi Onyeakusi--- Law Union and Rock Insurance Limited has announced a name change to Tangerine General Insurance Limited. This development was in line with earlier acquisition of the 100…
MSME Day: ACCI, Stakeholders Seek Legislation, Executive Order on Streamlining Taxation of SMEs
Trade experts and operators of SMEs in Nigeria have called for a legislation and presidential Executive Order to streamline taxation of small businesses to expand their survival rate and capacity…
Herbert Wigwe Bags African Banker of the Year for the second time
Herbert Wigwe, Access Bank MD By Ngozi Onyeakusi--- The Group Managing Director/CEO of Access Bank PLC Herbert Wigwe has been recognised as the African Banker of the Year at the…
Buhari Travels Back To London For Treatment
By Ngozi Onyeakusi---- President Muhammadu Buhari will on Friday travel to London, the United Kingdom, for a “scheduled medical follow-up”. Femi Adesina, special adviser to the president on media and…
Sterling Bank partners StearsData to publish Agric Industry Report 2021
By Ngozi Onyeakusi--- Sterling Bank Plc, in partnership with StearsData, has released an in-depth report for the agriculture sector in Nigeria. The report titled Agriculture Industry Report 2021 provides the…
FG yet to comply with workers 18% pension contribution
Seven years after the Federal Government amended the Pension Reform Act, which stipulated that employers should remit 18 per cent of workers’ monthly emoluments into their RSAs, the government is…
Inflation to “sharply increase” hurricane claims costs, warns Swiss Re
By Steve Evans ----- Inflation is driving prices higher and while the insurance and reinsurance industry may have been hoping that claims inflation from litigious claims could be close to…
