Archives for TOP STORIES - Page 221
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…
Anambra Woman Stabs Boyfriend To Death Over Abortion
The Police Command in Anambra State has arrested 25-year-old Onyinye Chime for allegedly stabbing her 29-year-old boyfriend, Eleyi Azubuike, to death with a kitchen knife for suggesting abortion to her.…
Law Union $ Rock Insurance To Rake In N379.7m By 2020 End
By Ngozi Onyeakusi-- Law Union & Rock Insurance Plc., one of the foremost underwriting firms in the country has projected a profit of million for the end of the year,…
PenCom, NAICOM tackle de-marketing by pension, insurance operators, sign MoU
From left: Acting Director-General, National Pension Commission, Mrs. Aisha Dahir-Umar and Commissioner for Insurance, Sunday Thomas at the event. The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM)…
Heritage Bank to stimulate economic growth with youth empowerment schemes
By Ngozi Onyeakusi As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen its support to…
