18 Years After: RMAFC moves to review president, governors, lawmakers’ pay
By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills will reach the National Assembly before the end of the year. Chairman […]
Insurers elect 6 into NIA Council
Six Chief executive officers of member-companies of Ni gerian Insurers Association has been elected into the highest decision making organ of the trade group. The six CEOs representing six insurance companies were elected last week in Lagos at the annual general meeting of the association.
Allianz proposes special piracy policies
… fingers Nigeria, others in piracy rise Allianz Global Corporate & Specialty   (AGCS) has suggested that special war insurance policies be introduced to serve the needs of vessels that travel through areas at high risk of piracy. The report, “Piracy: An Ancient Risk With Modern Facesâ€, notes that “currently, many vessels are insured for piracy […]
Oceanic, Aero roll out online travel insurance
Oceanic Insurance Group has in con junction with Aero Airline introduced an online travel insurance scheme to address air travel challenges for its customers in Nigeria and Ghana.
NIA boss scores self high on industry targets
By Patience Saghana Chairman of the Nigerian Insurers Association, Mr Wole Oshin says the industry goals he set for himself on assumption of office is being achieved. He was reviewing his one year scorecard at the association’s annual general meeting in Lagos.
Hannover RE confirms 2009 targets
German reinsurer, Hannover Re, which is 50.1%-owned by Talanx, said Friday that it still expects €5 ($7) earnings per share this year, a 20% rise in gross premium income and an after-tax return on equity of at least 18%.
