Some of the signs that you should not hire an insurance agent include-: An agent who speaks a lot of professional ‘jargon’ and doesn’t take time to patiently explain all
Insurance can be very confusing for a lot of people, especially in Nigeria, is generally perceived as ‘the more you look, the less you see’. But in order to make it
A General Business and Special Risks Insurance underwriting firm, Consolidated Hallmark Insurance Plc, has earned a gross premium of N17 billion from Nigeria’s weak aviation industry in one year, indicating a
The National Insurance Commission, NAICOM, has faulted insurance companies and brokers for lack of seriousness in the collection of premiums, and in some extreme cases, outright write off of outstanding
This report focuses on the latest developments in South Africa’s life insurance sector, which is the largest life insurance market on the African continent and in US dollar terms is
The Federal Government introduced the mandatory recapitalisation for the insurance sector in 2005, ordering the firms to raise their capital base by November 2007 if they must remain in business.
Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd’s branches across Asia,
People have been rushing to take out insurance on their mobiles after a spate of thefts of smartphones. But an investigation by the Irish Independent has revealed that the insurance
The National Emergency Management Agency, NEMA, has advocated the enactment of an enabling law that will make insurance compulsory for Nigerian traders and anyone doing business in the nation’s markets. Such legislation
After most health insurers racked up financial losses on Affordable Care Act plans in 2014, many companies’ results for last year worsened, creating heavy pressure to improve performance this year.
Zurich Insurance Group AG said on Thursday it swung to a bigger-than-expected net loss in the fourth quarter as the firm’s largest business continued to suffer. The Zurich-based company said
The digital revolution promises to change the face of South Africa’s insurance market over the next few years, making the industry more convenient, and more personalised. Bryan McLachlan, CEO at
In a bid to save the industry from collapse all the insurance companies in The Gambia will no longer be required to sell insurance products on credit to customers. With effect
Zurich Insurance Group AG is “prepared to shrink” some of its businesses after being caught off guard by the scale of claims it had to absorb last year, according to Cecilia Reyes, the
World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced that it has acquired Alamo Insurance Services Inc. of Toms River, New Jersey. Terms of the