Insurance

Draft regulation threatens 60 insurance CEOs’ jobs

A new regulation being prepared by the National Insurance Commission may lead to the exit of at least 60 chief executive officers of insurance companies and brokerage firms, who have stayed in the position for 10 years. If as anticipated the draft regulation becomes law after April 31, 2017, the […]

Mansard Insurance Acquires 60% Stake of Penman Pension

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Mansard insurance Plc said on Monday it has completed the acquisition of a 60 percent stake of Penman Pensions Limited, according to the company in a notice to the Nigerian Stock Exchange (NSE). Mansard says the acquisition extends its subsidiaries to four (4), having already made significant […]

Justice Adolphus Godwin Exits Regency Alliance Insurance

  By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, Regency Alliance Insurance Plc on Thursday announced the resignation of Hon. Justice Adolphus Godwin as its board chairman, the company said in a notice to the Nigerian Stock Exchange (NSE). According to the insurer, the resignation was as a result of the enormous state responsibility […]