Archives for TOP STORIES - Page 188
NIGERIA KICKSTARTS MULTIPLE INDICATOR CLUSTER /NATIONAL IMMUNIZATION COVERAGE SURVEY 2020
Nigeria has formally commenced the process of conducting the Multiple Indicator Cluster Survey (MICS6)/National Immunization Coverage Survey (NICS) with an inauguralmeeting of the National Steering Committee virtually held…
Insurance recruits head of specialty aviation business in Europe
By Matt Sheehan -' AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, has announced that Filip Vandeputte has been appointed to lead its AXIS Specialty Europe…
Sterling Bank pioneers work-study programme for secondary school leavers, offers a 65% scholarship
By Ngozi Onyeakusi -- As a Financial Institution that is committed to enriching lives and impacting the society, Nigeria's agile and forward-looking Sterling Bank PLC continues to set…
Continental Re enhances agricultural reinsurance capabilities through Agritask
By Luke Gallin Pan-African reinsurance company, Continental Reinsurance plc, is looking to enhance its agricultural reinsurance operations via the utilisation of Agritask’s risk management platform. Agritask, the…
Python bites man’s penis while sitting on a toilet seat
The python A Thai teenager, identified as Siraphop Masukarat, has been hospitalized after a python snake bit the tip of his penis as he sat on the toilet seat. The…
COVID-19 pressure to drive capital event for top reinsurers: S&P
With insured losses and investment volatility from the COVID-19 pandemic having already eroded much of the industry’s earnings buffers for 2020, analysts at S&P have warned that it may only…
Reinsurer returns still insufficient relative to risks: Moody’s
By Matt Sheehan Despite reinsurance pricing having built much upward momentum over the course of the year, analysts at Moody’s remain adamant that the sector’s returns are still insufficient relative…
PwC Nigeria Loses Senior Partner, Tola Ogundipe
By Ngozi Onyeakusi It is with a deep sense of loss that we received the sad news of the untimely passing of our colleague and friend, Tola Ogundipe, on 7…
AM Best Predicts Further Trade Credit Losses For Insurers, Reinsurers in 2020, 2021
As a result of the ongoing global economic crisis, AM Best is anticipating further trade credit losses for both insurers and reinsurers across 2020 and into 2021. Economic Secretary to…
2020 a critical year for reinsurers: AM Best
AM Best analysts have described why, in terms of both challenges and opportunities, 2020 is a critical year for reinsurers. Current hardening pricing conditions are said to be creating a…