Archives for Trending - Page 581
High-reliance on reinsurance putting Irish consumers at risk, claims report
By Katie Baker -----Over the course of 2019 general insurers in Ireland shifted € billion in risks associated to liability premiums to international reinsurers, close to three-quarters of all business…
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…
Tragedy As Final Year Ogun Poly Student Slumps, dies In Bathroom
By Ngozi Onyeakusi--- A final year student of Moshood Abiola Polytechnic, Abeokuta, identified as Omotoke Suliyat reportedly slumped and died while taking her bath in the bathroom. The deceased who…
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.…
NG Clearing Limited becomes Nigeria’s Premier Central Counterparty
Lagos, Nigeria – June 15, 2021 - Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function…
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…
CBN may start printing Gambia’s currency, says Emefiele
Emefiele The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, has said that the bank is willing to assist the Central Bank of the Gambia to print its legal…
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,…
Interviewing President Buhari, by Reuben Abati
Reuben Abati I have been privileged to interview quite a number of world leaders in the course of my journalism career. These include President Olusegun Obasanjo, President Ketumile Masire of…
