Insurance & Pension Business

SUNU Assurance in strong recapitalisation push, raises shareholders’ funds to N6.61bn  

  By Zainab Iwayemi   SUNU Assurance Nigeria Plc says it has raised its shareholders’ funds to N6.61 billion in…

Botswana’s Alpha Direct wins Africa Re’s Innovation of the Year award

By Zainab Iwayemi   Alpha Direct Insurtech, a Botswana insurance company, has won the Innovation of the Year 2020 award…

Natural, man-made losses hit $83bn in 2020, costliest since 1970, says Swiss Re

By Zainab Iwayemi   Insurance covers 45% of the global economic losses in 2020 Climate change to worsen secondary peril event…

StanbicIBTC, ARM, Trustfund, Sigma top as Nigeria’s most subscribed PFAs

The third-quarter report on the pension industry by the Nigerian Pension Commission (PenCom), shows that out of 22 fund administrators,…

Recapitalization: NAICOM sees hurdle to deadline as lawmakers weigh in

By Zainab Iwayemi   Experts say postponement will afford firms‭ ‬time to canvass funds to meet requirement   As the…

Brokers urged to engage in advocacy

In a bid to make more Nigerians buy insurance products, insurance brokers have been urged to engage in more advocacy…