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WAICA Re’s investors to get $2.5 million dividend
WAICA Re has unveiled plans to offer $2.5 million dividend to investors, as the company grew its profit before tax for the financial year ended Decemb...
Insurance
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Nigeria, Ghana, others lose N2.89tn to Foreign Insurers
Nigeria, Ghana and other regional insurance markets annually lose a whooping N2.89 trillion($8billion) to offshore insurance markets mainly in Europe ...
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CIC Insurance Group taps medical cover for South Sudan NGOs
CIC Insurance Group is pursuing more deals with non-governmental organisations (NGOs) in South Sudan to tap extra income from medical cover business. ...
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NHF Act: FMBN blames banks, insurance companies for non-compliance
The Federal Mortgage Bank of Nigeria (FMBN) has blamed banks and insurance companies for non-compliance with provisions of the National Housing Fund (...
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Leadway Assurance Collaborates with NAIPCO for 2017 Conference
Nigeria’s foremost insurance company, Leadway Assurance has announced its partnership with the National Association Insurance and Pension Corresponden...
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Africa Insurance Company to introduce mobile insurance
Africa Insurance Company announced that it is going to introduce mobile insurance service. While the insurance industry is battling tough competition ...
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Kenyan insurance industry investment up 12% on treasury securities
The insurance industry investment rose 12.4 per cent in the first six months of the year to Sh450.67 billion from Sh400.83 billion in the same period ...
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NAICOM to sack chief executives over unpaid claims
The National Insurance Commission (NAICOM) has revealed plans to work on statutory deposits of insurance firms to settle unpaid claims, while the chie...
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Africa’s insurance market is a ‘sleeping giant’ – KPMG
KPMG Head of Insurance for East Africa James Norman has described Africa’s hugely unexploited insurance market as a sleeping giant. According to...
Leadway Partners NBA to deepen Insurance Coverage for Lawyers
Nigeria’s foremost insurer, Leadway Assurance has reiterated its commitment to providing insurance protection to practicing lawyers who are members of...