Category Archives: Insurance

Old Mutual Launches 2-in-1 Savings Plan

Old Mutual, has launched its 2-in-1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5, 000, customers can save up funds for a period of five or 10 years to fund

AXA Mansard, Uber Partner on Safety Workshop for Drivers

AXA Mansard, a member of AXA Group, one of the global leaders in insurance and asset management, collaborated with Uber in conducting a safety workshop for Uber drivers. It was to make rides safer and more secure for driver-partners and

NIA to Sanctions Defaulters on NIID Motor Policy

Sanctions await underwriting companies that fail to upload sold motor policies on the Nigerian Insurance Industry Database (NIID), that would allow policyholders to authenticate their policy, Nigerian Insurer Association (NIA) has warned. The NIID is an information technology-based system that

AXA Mansard Launches new life insurance TVC #StayInThePicture

AXA Mansard has launched a new brand campaign entitled “Stay In The Picture”. This is a through-the-line campaign including a television commercial, online video, massive out-of-home advertising, print advertising and product advertising.

Insurance Claims Rise Faster Than Premium Income

THERE are indications that insurance companies are groaning under the weight of a surging claims portfolio as more risks crystallize, despite efforts to stem the tide. ADVERTISING ADVERTISING The latest financial reports of leading insurers show an escalation of claims

Guinea Insurance Seeks More Time to File FY 2018, Q1 2019 Results

The management of Guinea Insurance Plc has appealed for an extension of time to file its financial statements for 2018 and for the first quarter of 2019. In a notice to the Nigerian Stock Exchange (NSE) this week, the insurer

Why FG May Not Meet N1 Trillion Insurance Premium Target

There are indications that the insurance industry may not meet the N1trillion premium income target set for year 2020, following the refusal by many states to implement Group Life Insurance for their workers. This would force the industry to shift,

Firm reaffirms commitment to youth developmentt

AXA Mansard Insurance Plc, has reiterated its commitment to the promotion of youth sports as well as healthy living and development amongst children.To this end, the underwriter sponsored the Children International School, (CIS), Lagos to the World School Games 2019,

Firm to boost insurance penetration through innovation, technology

African Alliance Insurance Plc, has disclosed its plan to drive growth in the insurance industry and deepen insurance penetration through the launch of innovative products and the use of technology. According to the company, there was need for it to

Insurance claims from crashed Ethiopian airline may hit $60m

Losses from Boeing  737 Max operated by Ethiopian Airlines which crashed shortly after take-off from Addis Ababa on Sunday has been speculated to be in the region of $50m to $60m, according to a report by reinsurancene.ws. The airline, which was