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FG signs N105bn Afam power sale agreement today
Buhari The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on…
India crop insurance reforms could transform profitability: New Dawn Risk
Heritage Insurance (PRNewsFoto/Heritage Insurance Holdings, Inc) New Dawn Risk, a Lloyd’s broker has announced the release of its new report: Technology brings new opportunities for India’s crop insurance scheme. The…
Wheather Losses Push Haritage To Q3 Loss
Heritage Insurance (PRNewsFoto/Heritage Insurance Holdings, Inc) An unprecedented level of weather losses in the third-quarter of 2020 has pushed super-regional P&C insurer, Heritage Insurance Holdings, Inc., to a net loss…
Enajemo-Isiri others call for retooling of Nigeria’s economy, review of PRA 2014
from left: Mrs. Nneka Obiamalu, Director, Pensioners Support Services Dept, PTAD; Mr Rasaaq Salami, Head, Commissioner for Insurance Directorate, NAICOM; Dr. Muda Yusuf, Director General, Lagos Chamber of Commerce and…
Ogunbiyi calls for government support, patronage for Insurance industry
L-R: Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc/Chief Launcher of new NAIPCO website; Mr. Austin Enajemo-Isire, Chairman, Nigeria Social Insurance Trust Fund (NSITF)/Chairman of the occasion; Mr. Chuks Okonta,…
Fidelity Bank Posts Impressive 9 Months Results As Profits Hit 21.3bn. ·
Okonkwo Fidelity Bank Plc has posted Profit Before Tax (PBT) of billion and Profits After Tax (PAT) of billion in the third quarter of 2020. Details of the results show…
Election: Trump Heads To Supreme Court To Challenge Result
US President Donald Trump has vowed to challenge results of the 2020 Election at the Supreme Court. He accused his Democratic Party challenger Joe Biden of electoral fraud, saying voting…
Hannover Re posts 9M underwriting loss; reinstates profit guidance for 2020
By Luke Gallin ____German reinsurance giant, Hannover Re, has reported a reduction in Group net income for the first nine months of the year to € million, as the firm’s…
Foreign exchange conversion worry beneficiaries of N100bn healthcare intervention fund
Ohuabunwa After accessing the Central Bank of Nigeria's (CBN) Health Sector Support Facility, operators in the Pharmaceutical industry who are beneficiaries are having problem converting the borrowed intervention fund into…
COVID drags Swiss Re to a $691mn 9M loss
By Charlie Wood __ Much of Swiss Re’s performance so far in 2020 has been heavily impacted by the COVID-19 pandemic. Property & Casualty Reinsurance fell to a $201 million…
