By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The board of directors of Wapic Insurance Plc on Friday said it has appointed Ifeyinwa Osime as independent non-executive director of the company. The insurance player in a notice to the Nigerian stock exchange (NSE) said that following a meeting held on April 30, 2014, […]

Prudential Plc (PRU), the U.K.’s biggest insurer, said the Ghanaian life insurance business it acquired in December may become profitable after four years. Express Life Insurance Co., the Accra-based insurer bought for an undisclosed sum, has premiums of 4 million cedis ($1.4 million), or 1 percent of Ghana’s life insurance […]

The Nigerian insurance industry contributes a ‘whooping’ one per cent to the National GDP. What a contribution from an industry! The insurance gap today is 96 per cent. In other words, one insurance scheme covers less than five per cent of the entire population. Customers tend to paint the insurance […]