Cyberattacks are no longer a matter of “if” but “when.” Businesses of all sizes face unprecedented digital risks. The threats are constant and evolving. While robust cybersecurity measures are your …
insurance
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AfricaBusinessCyber securityInsuranceSecurity
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Banking, Finance & InvestmentBusinessFinance & ServicesMarketsNigeria
Asset Management Corporation of Nigeria’s liabilities hit N5.7tn in 2022
Asset Management Corporation of Nigeria’s liabilities stood at N5.72tn as of the end of the first half of 2022. The Financial Markets Department of the Central Bank of Nigeria disclosed …
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AfricaAFRICA NEWSBusinessInsuranceNewsNigeriaWestern Africa
Tony Elumelu proposes N50m capital base for insurance brokers
Chairman of Heirs Holdings, Mr Tony Elumelu, has proposed N50 million as capital base for insurance broking firms operating in Nigeria. Elumelu, who is also founder, Tony Elumelu Foundation, said …
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AfricaAFRICA NEWSBusinessInsuranceNewsSouth AfricaSouthern Africa
South African insurance giant Old Mutual acquires Genric Insurance
Old Mutual Insure on Monday announced a 100% acquisition of Genric Insurance Company, a licensed non-life and specialist insurer focused on bringing innovative and niche insurance solutions to market. According …
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CIC Insurance Group Plc has posted a 45 per cent growth in half-year profit to Sh376.3million from Sh259.5 million in the same period last year. The improved performance is on …
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AfricaBusinessInsuranceNewsNigeriaWestern Africa
AXA Mansard Reports Revenue Increase of 33.87% in Q2
AXA Mansard Insurance Plc, a member of the AXA Group and a global insurance and asset management firm, has recorded revenue growth of 33.87% in the second quarter. The firm said that …
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Cornerstone Insurance Plc has announced a dividend payment of 5 kobo per ordinary share of 50 kobo for the financial year ended December 31, 2021. According to the firm, dividend …
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Regency Alliance Insurance Plc has paid N1.031 billion claims to its customers in 2021 financial year. Its Acting Chairman, Mr. Clem Baiye, stated this during the company’s 28th Annual General …