Insurance

5 Essentials Your Travel Insurance Plan Should Cover: A Guide to Stress-Free Travels

April 12, 2024/Coronation Report Abdul-Qudus Oyekanmi Planning a trip is an exhilarating experience filled with anticipation and excitement. From choosing your destination to mapping out your itinerary, every detail is meticulously planned to ensure a memorable journey. However, amidst the excitement, it’s crucial not to overlook the importance of travel […]

Why Reinsurance is the Unsung Hero of Consumer Protection

February 27, 2024/Edelman By Emeka Akwiwu, Group Executive Director, Continental Reinsurance Plc In the world of insurance, there’s a powerful yet often unseen force that plays a pivotal role in securing consumers’ financial wellbeing: reinsurance. At its core, reinsurance is a safeguard for insurance companies, allowing them to share and […]

Moody’s Affirms ICIEC Aa3 Insurance Financial Strength Rating (IFSR) with Stable Outlook for the 16th Consecutive Year

ICIEC’s profitability remained resilient in 2022, with a combined ratio of 37.3% and net income of Islamic Dinar 8.2 million, benefitting from enhanced business-coverage, reduced risk December 11, 2023/ICIEC Moody’s Investor Services (Moody’s) affirmed ICIEC’s Aa3 Insurance Financial Strength Rating (IFSR) with a stable outlook for the 16th consecutive year. […]