|
INSURANCE
|
|
||
| Tuesday, November 03, 2009 HOME ABOUT US SUBSCRIBE MEMBERS CONTACT US |
|
Insurers laud multinational appointment of local underwriters for energy risks
-291009
By Joshua Nse CHIEFTAINS of the nation's insurance industry may have been elated by the decision of the Nigerian National Petroleum Corporation (NNPC) and oil majors to appoint domestic insurance companies to participate in the juicy oil and gas underwriting in the country, hitherto the exclusive preserve of the captive insurance companies of the multinational oil companies. Crusader boosts products with benefits -291009 DETERMINED to surpass the expectations of its numerous customers, Crusader General Insurance Limited has introduced additional benefits to existing products in the industry. Capital Express Assurance pays N900m claims last year -291009 THE Managing Director of Capital Express Assurance Limited, a frontline player in the life insurance sector, Mr. Anthony Aletor has said that the company no longer celebrates payment of claims as this is one of the major reasons why an insurance company exists to do business. Battle to break into market -291009 AUSTRALIA'S $24 billion general insurance market is emerging as the hot new battlefield for retail and consumer companies leveraging their brand and vast distribution networks to sell someone else's insurance. Insurance brokers hit out at compensation scheme -291009 THE UK's insurance brokers have added their name to the growing list of companies to complain that they get a raw deal out of the system for compensating customers in collapsed financial institutions. |
Sovereign Trust claims payment grosses N425 million
-291009
SOVEREIGN Trust Insurance Plc has once again shown a strong resolve to continually render its claims obligations to her teeming customers whenever the need arises. Consolidated Hallmark rewards staff performance -291009 IN line with the avowed commitment of the board and management of Consolidated Hallmark Insurance Plc to recognise and reward good performance by staff, awards have been presented to some members of staff of the organisation who have distinguished themselves in various areas. Nigerians sign for Guaranty Trust oraclemed product -291009 THE number of Nigerians and expatriates signing up to enjoy the unique benefits of Oraclemed Health -the international medical insurance cover offered by Guaranty Trust Assurance Plc has continued to grow. IMF looks at ways to insure system against another crisis -291009 THE International Monetary Fund is considering how the world's banks can pay more to help insure the financial system from another crisis and possibly assist poorer countries in the battle against climate change. Law Union announces third quarter profit -291009 LAW Union & Rock Insurance Plc has demonstrated its resilience in the face of the ongoing economic downturn by growing its pre-tax profit to N345.4 million, according to company's unaudited third quarter result for the period ended September 30 2009. |
|
&© 2003 - 2007 @ Guardian Newspapers Limited (All Rights Reserved).
Powered by FirstEntSol
LTD®