Sunday , August 20 2017
Home / Insurance World

Insurance World

FBN General name Mimiko as ED

Babatunde Mimiko         PRESS RELEASE—-FBN General Insurance Limited has announced the appointment of Babatunde Mimiko as Executive Director. In a statement obtained from the company, Bode Opadokun, Managing Director/Chief Executive Officer, FBN General Insurance was quoted as saying, “Mimiko brings on board a sterling 18-year career across ...

Read More »

We will soon create a portal to stop fake insurance papers – ASSBIFI

Insurance practitioners on Friday said that they would soon partner the Federal Government to create a common portal to check issuance of fake insurance documents in Nigeria. Mrs Oyinkan Olasanoye, the President of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), disclosed this to the News Agency ...

Read More »

Yetunde Ilori Resumes Office As DG NIA Monday August 7

        Following her appointment by the governing Council of the Nigeria Insurera Association( NIA), Mrs. Yetunde Olubunmi Ilori, will on Monday, August 7, 2017 resume as the substantive Director-General of the Association. Until her appointment, Mrs. Ilori was the Chief Executive Officer of Axa Mansard Insurance Plc She has ...

Read More »

Kanye West Sues Lloyds Of London Over Insurance For Cancelled Shows

Kanye West       A lawsuit filed Tuesday by representatives of Kanye West claims insurers have failed to pay nearly $10 million for West’s canceled Saint Pablo Tour last year. The suit filed by Very Good Touring against several Lloyd’s of London syndicates alleges breach of contract and seeks ...

Read More »

Leadway Assurance, Leadway Pensure partner Nollywood on Health Insurance, Pension

          From left: Executive Director, Leadway Pensure PFA, Mr. Olusakin Ladeodan; Director, Administration and Human Resources, Lagos State Ministry Of Tourism, Art and Culture, Mrs Olubisola Olunloyo; Managing Director, Nigerian Film Corporation, Dr. Chidia Maduekwe; Executive Director, Leadway Assurance Company Limited, Miss Adetola Adegbayi and MD/CEO ...

Read More »

Leadway Assurance launches mobile insurance office to deepen Insurance Penetration and awareness

From left: Executive Director, Leadway Assurance Company Limited, Adebayo Okuwobi; Executive Director, Tunde Hassan-Odukale; Executive a Director, Ms. Adetola Adegbayi; Head of Business Development, Leadway Pensure PFA, Osaghae Osarhieme and Head of Human Resources Department, Mrs. Kunbi Adeoti during the official launch of the Leadway Assurance Mobile Office in Lagos. ...

Read More »

CIC to offload 30pc stake in Uganda unit

CIC INSURANCE GROUP CHIEF EXECUTIVE TOM GITOGO       CIC Insurance Group is seeking to dispose of at least a 30 per cent stake in its loss-making Ugandan subsidiary by selling the shares to Saccos in the neighbouring country. The insurer entered Uganda in 2014 through a joint venture ...

Read More »

IRDAI Asks ICICI Prudential To Take Over Sahara’s Insurance Business

Mumbai: Insurance regulator Irdai on Friday asked leading private sector life insurer ICICI Prudential Life Insurance (IPRU) to take over the business of beleaguered Sahara India Life Insurance (Sahara India Life), with effect from 31 July. ICICI Prudential shall ensure that systems are integrated within a period of one year ...

Read More »

Drivers overcharged for motor insurance as firms use secret deals to inflate repair costs by up to 100pc

Every driver in Britain is being overcharged for motor cover because insurers are using secret deals to grossly inflate repair bills, a Telegraph investigation has established. Insurers are routinely inflating repair costs by as much as 100 per cent, while receiving undisclosed kickbacks for the difference, it can be revealed. ...

Read More »