June 16, 2020/ARC Johannesburg, June 16, : In response to the COVID-19 pandemic, the German government assumes premium payments of around EUR 19 million for the drought insurance offered by the African Risk Capacity (ARC). This will reliably protect up to 20 million poor and vulnerable people in Africa against […]
Insurance
AIICO Submits Application to List 4.357 Billion Rights Issue
June 15, 2020/NSE AIICO Insurance Plc has through its Joint Stockbrokers, Magnartis Finance and Investment Limited and Stanbic IBTC Stockbrokers Limited, submitted an application to The Nigerian Stock Exchange for the approval and listing of a Rights Issue of Four Billion, Three Hundred and Fifty Seven Million, Seven Hundred and […]
Insurance Company Settles SEC Charges for Failing to Disclose Executive Perks
Perks Were Four Times Higher Than Disclosed June 4, 2020/US SEC The Securities and Exchange Commission today announced settled charges against Bermuda-based insurance company Argo Group International Holdings, Ltd. for failing to fully disclose perquisites and benefits provided to its former chief executive officer. The SEC’s order finds that in […]
