Author Archives: Supernews - Page 385
HALLMARK HMO PARTNERS LUTH FOR VOLUNTARY BLOOD DONATION
The Group Managing Director of Consolidated Hallmark Insurance PLC, Eddie Efekoha has emphasized the importance of blood donation to human survival. Efekoha said this when Hallmark Health Service Limited otherwise…
FG yet to comply with workers 18% pension contribution
Seven years after the Federal Government amended the Pension Reform Act, which stipulated that employers should remit 18 per cent of workers’ monthly emoluments into their RSAs, the government is…
CBN, farmers set to reduce price of rice
The Central Bank of Nigeria and the Rice farmers Association of Nigeria have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide on Thursday, to…
Inflation to “sharply increase” hurricane claims costs, warns Swiss Re
By Steve Evans ----- Inflation is driving prices higher and while the insurance and reinsurance industry may have been hoping that claims inflation from litigious claims could be close to…
Cyber industry loss ratio at record-high 67% in 2020: Aon
By Matt Sheehan --- A new report on the US cyber market by re/insurance broker Aon shows that the overall industry loss ratio jumped up by percentage points last year…
Pension industry raises concerns around withdrawal behaviour
Withdrawal behaviours are among the top concerns of a third of pension providers in the UK, with two-thirds fearing this concern will grow as more people rely solely on a…
Insurance Europe outlines “vital” need to remove key re/insurance access barriers
By Charlie Wood --- Insurance Europe has underlined the importance of removing market access barriers between European re/insurers and the countries Argentina, Brazil, Canada, India and Indonesia. The governing body…
AfCFTA to Buoy Investment Opportunities Abound in Nigeria, Africa Post-Pandemic-Ikeazor
Philip Ikeazor – Director, Greenwich Merchant Bank, Former MD/CEO, Keystone Bank Limited. Image Credit: Tideway Advisory Limited By Obiora Peter----The African Continental Free Trade Area (AfCFTA ) will buoy investment…
NIMASA moves to end War Risk Insurance on Nigeria-bound imports
Business Transport The Nigerian Maritime Administration and Safety Agency NIMASA has expressed deep worries over the continued imposition of War Risk Insurance premium on Nigeria-bound cargo, saying that there was…
Suicide Is Not A Crime But A Health Condition, Experts Warn
Lade Olugbemi By NGOZI ONYEAKUSI--- Following the popular laws in some parts of the world that made suicide a crime, health experts have embarked on aggressive reorientation aimed at changing…