Archives for May 18, 2021
Emefiele Faults Claims of Imbalance in Agric Interventions …Tasks Stakeholders on Food Security
Emefiele The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has faulted claims in certain quarters suggesting that the Bank’s targeted interventions in the agricultural sector are tilted in…
Sovereign Trust Insurance Posts N5.3bn GPW … As PAT Soars By 43%
Soyika, MD, STI By Ngozi Onyeakusi--- Sovereign Trust Insurance Plc has posted a Gross premium written billion in the first quater of 2021 from billion recorded in the first quarter…
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…
Insurers eye high-revenue investments with recapitalisation funds
Insurance companies are exploring high-yield investment windows to utilize the money raised through the suspended insurance recapitalisation, The Guardian has learnt. Checks showed that a few companies had fixed the…
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…