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Cornerstone Insurance posts 34% growth in gross premium
Cornerstone Insurance released its annual report for the year ended 31 December 2020 with 34% growth in gross premium written to billion from billion in 2019. Profit for the period…
Demand for life reinsurance consistent despite pandemic: RGA COO Néemeh
Author: Luke Gallin ---- Despite the unprecedented impacts of the COVID-19 pandemic and elevated mortality in many parts of the world, demand for life reinsurance “continues pretty much as it has,”…
Technology drives the parametric risk transfer market: Artemis Live
Author: Katie Baker----- Undoubtedly, technology continues to be the driver of growth in the parametric risk transfer sector, said David Whitehead, Co-CEO of Speedwell Weather in a recent webcast with sister…
Insurers need to start using newer technologies: insurtech report
Author: Katie Baker --- According to a new insurtech report from Capgemini and Efma, policyholders have become more cautious when taking out insurance, resulting in the need for insurers to empower…
FG recovers $1bn through beneficial ownership data
The Federal Government yesterday disclosed that 70 per cent of corruption cases are perpetrated by persons who use anonymous companies and that over $1 billion has been recovered by governments…
AIICO Emerges First Nigerian Insurer Accredited for Quality Assurance by UK Actuaries Body
Babatunde Fajemirokun, MD/CEO AIICO Insurance By Ngozi Onyeakusi--- AIICO Insurance Plc., a leading insurer, has emerged as the first in Nigeria to be awarded a Quality Assurance Scheme accreditation by…
PenCom Awards Compliance Certificate To 39 Insurance Firms
PenCom DG, Aisha Dahir- Umar By Ngozi Onyeakusi-- - 39 insurance companies out of 58 operating in the sector have received compliance certificate from the National Pension Commission, PenCom. The…
Inflation reduces by 0.05% in April — NBS
The National Bureau of Statistics (NBS), says the inflation rate reduced by per cent in April compared to what obtained in March.’ It said while the inflation rate stood at…
PDP Governors Move For Constitutional Amendment, Devolution Of More Powers To States
Governors elected under the platform of Peoples Democratic Party (PDP), stressed the need for President Mohammadu Buhari to initiate an Executive Bill for the amendment of 1999 Constitution. The governors,…
FMDQ Exchange Admits Mixta Real Estate PLC’s ₦0.96bn Series 35 Commercial Paper
FMDQ Securities Exchange Limited (“FMDQ Securities Exchange” or “the Exchange”) continues to fulfill its mandate to further deepen and effectively position the Nigerian Debt Capital Market (DCM) for growth, in…
