In a bid to contribute towards the development of manpower and professionals in insurance industry in the country, the Professional Insurance Ladies Association (PILA), Abuja Chapter, has launched a tutorial centre in Abuja. According to PILA President, Mrs. Ose Oluyanwo, while speaking at the launch, she said the centre offers lectures for certificate, diploma and
In a move to deepen insurance entry in Nigeria and lure property owners to the sector, Old Mutual General Insurance Company Nigeria, has urged property owners to attain financial security on their assets through adequate insurance coverage. Old Mutual, General Insurance, a subsidiary of the Old Mutual Pan African Insurance Company and global financial services
AXA Mansard Insurance, the global Insurance firm recently launched the Insurance Television Commercial (TVC) for Life Insurance products with experts and stakeholders urging the people to embrace insurance not only for individual economic sustainability but for national economic development. A Director with the National Insurance Commission (NAICOM), Rasaaq Salami, stressed the significant role of insurance
The insurance sector in the past ten years (2008-2017), recorded the highest cumulative average growth rate of 13.9 per cent in oil and gas business. But between 2015 and 2017, the sector reported the highest growth of 40.9 per cent in engineering business. In the past ten years, though oil and gas remained the main
AXA Mansard says it is partnering with Techpoint Africa to deepen insurance penetration among businesses, entrepreneurs, youths and other members of the public. In a statement recently, while speaking at the Techpoint Build Conference in Lagos, the Chief Digital Officer, AXA Mansard, Mr Bayo Adesanya, stated that the huge population of the country was not
The Managing Director of Activa International Insurance Company, Solomon Lartey, has prompted Government to sign onto the African Trade Insurance (ATI) initiative, a pan-African institution that provides political risk insurance to companies, investors, and lenders interested in doing business in Africa. The ATI offers specific insurance products designed to promote and protect investments in Africa
Nigeria’s investment company, Eaton Acquisitions Limited, has enlarged its shares in NEM Insurance to 9%, almost immediately after it announced the acquisition of 4% of the insurance company. While the initial 130 million shares sold at ₦4 each, representing a premium of 40.35% against the closing share price of ₦2.85, the new shares were acquired
Modion Communications, an award-winning Integrated Marketing Communications agency based in Lagos, Nigeria, has partnered with Leadway Assurance, a principal player in the Nigerian insurance industry to provide personal accident insurance cover for all the 100 members of the Photo Journalist Association of Nigeria (PJAN). The partnership and presentation ceremony officially took place at the Modion
A first class rated insurance industry can attract the needed Foreign Direct Investment (FDI) that the country requires to develop, Solomon Lartey, Managing Director of Activa International Insurance has said. The country’s insurance sector, if well developed, he said, could boost investor confidence and accelerate rapid economic development. “Every serious investor needs adequate guarantees to
Indigenous Ghanaian bank, uniBank Ghana Limited, has thrown its weight behind the upcoming 3rd Banking and Insurance Fair as a platinum sponsor in line with its quest to enhance financial literacy and inclusion in the country. The bank is also urging sister players in the financial sector to help push the initiative which seeks to
