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News
Australia: Arch Insurance appoints new Senior Executive Assurance Underwriter
4+ hour, 2+ min ago (133+ words) Asia Insurance Review Australia:Arch Insurance appoints new Senior Executive Assurance Underwriter - /News/ViewNewsLetterArticle/id/96626/type/eDaily/Australia-Zurich-appoints-Alexis-George-as-Independent-Non-Executive-DirectorAustralia:Zurich appoints Alexis George as Independent Non-Executive Director Arch Insurance Australia (Arch) has appointed Mr Dave Ha as Senior Executive Assurance Underwriter....
AIICO Insurance refutes allegations, reaffirms due process commitment
2+ hour, 20+ min ago (333+ words) AIICO Insurance Plc has raised concerns over what it described as a sustained campaign of “misleading allegations” allegedly being circulated by a former agent of the company, Obinna Adolphus Nwosu. The insurer said the allegations had been directed at several…...
How five South-East states abandoned Universal Insurance till death
1+ hour, 14+ min ago (256+ words) …as policyholders hang hope on liquidator The irony is that the amount required to keep the company alive was not extraordinary by the standards of Nigeria’s insurance industry. N15 billion was the minimum capital threshold prescribed for non-life insurers under the…...
No more government money for loss-making Cool Japan Fund | NHK WORLD-JAPAN News
40+ min ago (132+ words) Japan's industry ministry has decided not to seek budget allocations next fiscal year for a loss-making investment fund set up to promote Japanese culture abroad. The public-private Cool Japan Fund was launched 13 years ago to invest in sectors including anime…...
Insurers challenged to rethink profitability as foreign players dominate lucrative markets
1+ hour, 18+ min ago (509+ words) Kenyan-based reinsurer-Kenya Re has challenged African insurance companies to rethink their business models and find ways of retaining more value locally. This, as it warns that foreign players continue to benefit from some of the continent’s most profitable insurance opportunities....
Prestige Assurance pays N15bn claims as revenue hits N25bn
2+ hour, 41+ min ago (324+ words) Prestige Assurance Plc paid a total of N15.53bn in claims to policyholders during the 2025 financial year, reflecting a 40.67 per cent increase compared with the N11.04bn paid in 2024. The Chairman of the company, Funmi Oyetunji, disclosed this on Thursday in Lagos at the…...
Africa Re posts $664.8m insurance revenue as claims rise
2+ hour, 44+ min ago (397+ words) The African Reinsurance Corporation recorded an 8.5 per cent year-on-year increase in insurance service revenue to $664.8m in the first half of 2026, driven by new business and improved renewal retention. The Nigeria-domiciled reinsurer said revenue growth was achieved across most of its…...
BNI Introduces wondrZ, Savings for Children and Adolescents to Learn to Manage Finances from an Early Age
1+ hour, 45+ min ago (389+ words) JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI has expanded banking services for families through wondrZ, a special savings for children and adolescents that can be accessed through the wondr by BNI application. This product is designed to help…...
Is???5-10 lakh health insurance cover enough? Check these 3 factors to know how much you need
3+ hour, 4+ min ago (1028+ words) Is ₹5-10 lakh health insurance cover enough? Check these 3 factors to know how much you need The Economic Times When 46-year-old Gagan Kapoor, founder of a Gurugram-based marketing consultancy firm, saw an acquaintanceâs family grapple with a medical emergency that…...