Mansard Insurance plc’s outstanding performance has again been recognized as it was selected as one of the top quartile (first place in Insurance Category) of publicly listed Growth Strategy Leaders in Nigeria for the year 2015 awards season. This award honors “best of the best” growth companies listed on the Nigerian Stock Exchange in Nigeria and was presented by MSY Analytics, (a teaming partner and Nigerian representative of global research and growth consulting giant, Frost & Sullivan).

The major European reinsurers have posted very strong full-year results for 2014 and continue to be well capitalised, with underwriting results that have been profitable owing to the absence of sizeable natural catastrophes and ongoing reserve releases. The reinsurers also show a continued focus on capital management, resulting in share buy-backs and increased dividend payments, as well as repurchasing and replacing existing hybrid debt.

The Nigerian Council of Registered Insurance Brokers, NCRIB, umbrella body of all insurance brokers in Nigeria has charged the in- coming government to ensure that insurance is given its pride of place in all strata of government operations. According to the NCRIB, no economy could develop without taken into cognizance the place of insurance and risk management.

According to Prof. Peter Onwualu, if Nigeria invests in researchers and research institutions, she will join the league of successful nations. “Name any successful country and you discover that the bedrock of their success is research done by both government and private sector. The results of such researches actually fuel the economy. A country like China has used research to come up with new products it is exporting.

Dangote Industries Limited has entered into a multi-million dollar Joint Venture agreement with Saipem, the Italian engineering and construction giant that will operate in Nigeria, Central and West Africa markets.