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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…
Reinsurance capital down 3%, on both traditional & alternative sides: Willis Re
By Steve Evans The traditional and alternative capital sides of the global reinsurance market both declined by around 3% in the first-half of 2020, according to the latest data from…
Food Insecurity, Other Challenges, NESG Set To Partner Federal Government
The Nigerian Economic Summit Group (NESG has announced its intention to partner the Government to put an end to food Insecurity and challenges facing the country. NESG noted thus "1.…
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…
Underwriting income for US P&C fell by 5.5% in H1, says AM Best
By Katie Baker-- Underwriting income for the property and casualty (P&C) industry fell by in the first half of 2020 when compared with the first half of 2019, on increases…
Tiamiyu Takes Over From Borokini As CIIN New DG
Abimbola Omowunmi Tiamiyu By Ngozi Onyeakusi -' The Chartered Insurance Institute of Nigeria (CIIN) has announced the appointment of Mrs Abimbola Omowunmi Tiamiyu as the new Director General of the…
Lagos Monarch Attacked By Hoodlums, Many Injured
•Damaged car, injured person at palace of Oba Okukayode Raji. Suspected hoodlums and land grabbers on Sunday invaded Isiu palace in Ikorodu, Lagos State, in a failed abduction of the…
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…
Fidelity Bank Posts N8.5b Half Year Net Profit
Okonkwo From Ngozi Onyeakusi-- Fidelity Bank Plc recorded Profit Before Tax of for the 2020 half-year performance. This showed a growth rate of 22% when compared to recorded in the…
AIICO’s MD/CEO Emerges Winner of Top CEO Award
Babatunde Fajemirokun, MD/CEO, AIICO Mr. Babatunde Fajemirokun, the MD/CEO of AIICO Insurance Plc, has emerged one of the winners in the prestigious Top CEO Award for 2020. The award, jointly…
