Lagos-based intergovernmental reinsurer Africa Re has been upgraded to single A minus from treble B plus by Standard & Poor’s. The reinsurer said that the improved rating would help the company in its quest for expansion.

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.

… 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 Faces”, notes that “currently, many vessels are insured for piracy […]

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.

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.