Insurance

Africa’s Insurance Industry is Poised for Further Growth – PwC Insurance Survey

September 4, 2018/PwC The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting the industry. Despite the additional pressures of unrelenting regulatory […]

Shareholders Kick Against NAICOM’s New Recapitalisation Deadline

September 3, 2018/Punch Nike Popoola Shareholders in the insurance industry have rejected the change in the recapitalisation deadline given to underwriting firms to recapitalise from January 1, 2019 to October 1, 2018. Some of the shareholders, who spoke with our correspondent in separate interviews, said while they were not opposed […]

Eaton Acquisitions Ups stakes in NEM Insurance to 9%

29/8/2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Eaton Acquisitions Limited, investment firm and listed company targeters, has increased its stake in NEM Insurance Plc to 9 percent, days after it announced the acquisition of 4 percent of the insurer. According to our source named (withheld, while the initial 130 million shares sold at […]