March 17, 2017

Goldlink, FIRS nurture better relations

The management of Goldlink Insurance Plc, has received a team of the Federal Inland Revenue Service (FIRS),with the purpose of fostering a better relationship in head office in Lagos The Federal team was on a Compliance visit to the underwriting firm in order to ensure its continuous commitment to its […]
March 17, 2017

Old Mutual to list R110bn Firm

The South African-based emerging markets business Old Mutual will list on the JSE in 2018 as part of its managed separation could ultimately be worth R100bn to R110bn, making it smaller than Sanlam but bigger than Discovery and the other listed life assurers, analysts say. London-listed Old Mutual said last […]
March 17, 2017
LIB - Capital Base

Insurer advocates N100bn capital base for industry

The Chairman of Wapic Insurance Plc, Mr. AigbojeAig-Imoukhuede, has called for increase in the capital base of insurance companies in the country to N100 billion. Aig-Imoukhuede, who called for the increment at the KPMG Insurance Conference 2017 held in Lagos, said the current capital base does not enable the operators […]
March 16, 2017

NAICOM Approves FBN General Insurance, WAPIC Life 2016 Financial accounts

The National Insurance Commission ( NAICOM) on Wednesday said it has approved the 2016 financial accounts statements of FBN General Insurance and Wapic Life Plc. The commission in a statement released by its head of Corporate Communication, Razaaq Salami said that ten other companies  accounts submitted to the commission are Custodian Life, […]