Guinea Insurance Industry News Monitoring Service

Nigerian shipowners decry restriction of seafarers in Gulf of Guinea - TODAY

The Nigerian Shipowners’ Association (NISA) has raised the alarm over directive of the Indian, Philippine government restricting seafarers from working in the Gulf of Guinea (GoG) over insecurity in the region. The concerns of both countries was coming …

NSE lifts ban on Niger Insurance, Guinea Insurance shares

The Nigerian Stock Exchange (NSE) has lifted the ban placed on the shares of Niger Insurance Plc and Guinea Insurance Plc. The decision, according to the Exchange, was taken as after the insurance firms complied with the rules for the filing of accounts, …

Guinea Insurance FY Pretax Loss 50 Mln Naira Vs Profit Of 237.8 Mln Naira

Quoted insurance firms seek N142.13bn capital raise

Following the recent increase in the minimum share capital of insurers by the National Insurance Commission, insurance firms listed on the Nigerian Stock Exchange need N142.13bn to meet the requirement; FEYISAYO POPOOLA reports The National Insurance …

As NIMASA Sets To Tackle Insecurity In Nigeria, Gulf Of Guinea - Leadership Newspaper

In October 2019, the Nigerian Maritime Administration and Safety Agency (NIMASA) would bring together maritime security stakeholders to discuss insecurity on the nation’s waterways and the Gulf of Guinea. YUSUF BABALOLA writes. Of all the challenges facing …

Does your foreign destination require travel insurance? Increasingly, yes

You’re planning a trip abroad and you’ve decided not to buy travel insurance. “My choice,” you think and you’re right. Except in certain countries where you are required to have it. And now, other countries are considering following suit. Whaaat? Let’s say …

CURBING PIRACY IN THE GULF OF GUINEA

The authorities could do more to reduce incidence of piracy While Nigeria has for several years been a hotspot for piracy incidents, the International Chamber of Commerce International Maritime Bureau’s (IMB) recent report is encouraging. It indicates that …

The Gulf of Guinea is now the world’s worst piracy hotspot

DOCKED IN THE port of Lagos, Nigeria’s commercial capital, floats a colossal oil tanker. Two layers of razor wire snake around its deck. Two life-sized human dummies in orange jumpsuits are perched on the ship’s bridge, posing as crew members keeping watch …

UN, IFC, African Risk Capacity, AAISA work towards creating disaster risk insurance markets in Africa

A consortium of international development agencies including the United Nations African Institute for Economic Development and Planning, IDEP, the African Risk Capacity, ARC, the International Finance Corporation, IFC, and the Association of African …

World: United Nations, IFC, African Risk Capacity, and AAISA Work Towards Creating Disaster Risk Insurance Markets in ...

Dakar, Senegal, June 24, 2019— A consortium of international development agencies including the United Nations African Institute for Economic Development and Planning (IDEP), the African Risk Capacity (ARC), the International Finance Corporation (IFC), and …

Nigeria ranks highest in piracy, vessel stowaways — Insurance report

Nike Popoola Nigeria overtook Indonesia in global piracy incidents in the maritime sector, accounting for one out of every four reported cases in 2018, according to the latest report by Allianz Global Corporate & Specialty, a global corporate insurance …

Experts Reiterate Need For Building Insurance - Leadership Newspaper

Following recent building collapse in Lagos, Oyo and several other States of the federation, experts have called on house-owners to insure their buildings. The President, Nigerian Council of Registered Insurance Brokers(NCRIB), Mr. Shola Tinubu, said his …

IFRS 9 implementation burdens insurance firms - Vanguard News Nigeria

Delays 2018 financial results By Rosemary Onuoha SHAREHOLDERS as well as other stakeholders of some insurance companies will have to exercise longer patience waiting for the 2018 full year financial results as many of the companies came under the burden of …

IFRS 9 implementation burdens insurance firms

    Delays 2018 financial results By Rosemary Onuoha SHAREHOLDERS as well as other stakeholders of some insurance companies will have to exercise longer patience waiting for the 2018 full year financial results as many of the companies came under the …

Court upholds order restraining NAICOM from suspending Guinea Insurance

    By Rosemary Onuoha A Federal High Court sitting in Abuja has upheld an earlier order restraining the National Insurance Commission (NAICOM) from suspending Guinea Insurance Plc over underwriting of new insurance businesses. NAICOM office The Court …

Court upholds order on insurance firm’s operation

 Nike Popoola A Federal High Court sitting in Abuja has upheld an earlier order restraining the National Insurance Commission from suspending Guinea Insurance Plc from underwriting new insurance businesses, in a suit that was filed by Guinea Insurance with …

NAICOM, Guinea advised to maintain status quo

A Federal High Court sitting in Abuja, last week, upheld an earlier granted order restraining the National Insurance Commission (NAICOM) from suspending Guinea Insurance Plc from underwriting new insurance businesses. The order pertained a suit that was …

Guinea : a meager result of the insurance sector African Daily Voice

A street of Conakry on February 15th, 2016. Photo: AFP NEWSROOM (ADV) – Insurance market turnover relative to nominal gross domestic product (GDP) still remains low compared to the African average, according to an information note from the governor of the …

Court Reaffirms Order Stopping NICOM from Crippling Guinea Insurance’s Business

By Alex Enumah in Abuja Justice Inyang Ekwo of the Abuja Division of the Federal High Court has held that his order of February 7 restraining the National Insurance Commission (NICOM) from taking steps that would undermine or negatively impact the …

Brown & Brown, Inc. Announces the Asset Acquisition of Roper Insurance and Financial Services, Inc.

DAYTONA BEACH, Fla., Oct. 18, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Steven (“Steve”) J. Roper, the sole shareholder of Roper Insurance and Financial Services, Inc. (Roper Insurance), …

Coalition to Stop Real Estate Wire Fraud Announces CertifID as New Partner

Washington, D.C., Oct. 17, 2019 (GLOBE NEWSWIRE) -- The Coalition to Stop Real Estate Wire Fraud has announced that CertifID has joined as the Coalition’s latest partner in the battle against mortgage closing scams and real estate wire fraud. Founded by …

States Passed Important New Protections in 2019 for Consumers Who Bought GAP Waivers

TALLAHASSEE, Fla., Oct. 17, 2019 (GLOBE NEWSWIRE) -- It’s every new car buyer’s nightmare: Their brand-new car is damaged or destroyed while it’s still new, and they owe more on it than the insurance will pay to replace it. Fortunately, GAP waivers exist …

Donegal Group Inc. Announces Quarterly Dividend

MARIETTA, Pa., Oct. 17, 2019 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ:DGICB) today reported that its board of directors declared a regular quarterly cash dividend of $.145 per share of the Company’s Class A common stock and $.1275 …

Funded by Cerberus and TCW, MGAguard Announces National Expansion of Specialty Insurance Underwriting Platform

Expansion of MGAguard’s Premiere Program, RBTguard Provides a New Solution for the Hospitality Market, Specifically Restaurants, Bars, and Taverns FORT LAUDERDALE, Fla., Oct. 17, 2019 (GLOBE NEWSWIRE) -- MGAguard, through its premiere program, RBTguard, …

Hallmark Financial Announces Dates for Its Third Quarter 2019 Earnings Release and Conference Call

DALLAS, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Hallmark Financial Services, Inc. (“Hallmark Financial”) (NASDAQ: HALL), a specialty property and casualty insurance company, today announced that it will release its financial results for the third quarter ended …

Vantage Agora, Inc. D.B.A. EOX Vantage

BEACHWOOD, OHIO, UNITED STATES, October 16, 2019 /⁨EINPresswire.com⁩/ -- CLEVELAND, OHIO, UNITED STATES, October 16, 2019: Big changes are propelling a newly reinvented product company to new heights. The company once known to many as “Vantage …

ExAM4Inspections Enters Residential Home Inspection Market

ExAM4Inspections entry into the Residential Home Inspection market brings enterprise class capabilities to market all in a single application. ARLINGTON, VA, UNITED STATES, October 16, 2019 /⁨EINPresswire.com⁩/ -- ExAM4Inspections, Salesforce …

Mobile Phone Insurance Market 2019 Global Share, Trends, Segmentation, Analysis and Forecast to 2025

Wiseguyreports.Com Publish New Market Research Report On -“Mobile Phone Insurance Market 2019 Global Analysis, Size, Share, Trends and Growth, Forecast 2025” PUNE, INDIA, October 16, 2019 /⁨EINPresswire.com⁩/ -- Mobile Phone Insurance Market …

Progressive Reports September 2019 Results

MAYFIELD VILLAGE, OHIO, Oct. 16, 2019 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2019 and the third quarter of 2019:     September Quarter (millions, except per share amounts and ratios; …

BCI Celebrates 40 Years of Customer Success!

BCI celebrates 40 years of partnering with leading companies to create world-class performance teams. HOUSTON, TX, UNITED STATES, October 15, 2019 /⁨EINPresswire.com⁩/ -- Baker Communications announced that October 2019 was the company's 40th …

24/7 Water Damage Charlotte Helps Residents Prepare for the Fast-Approaching Flood Season

With the region of Charlotte being prone to flash flooding, 24/7 Water Damage Charlotte urges local residents to prepare now before it's too late. CHARLOTTE, NORTH CAROLINA, USA, October 15, 2019 /⁨EINPresswire.com⁩/ -- In the Coastal …

Real-Life “Pursuit of Happiness”: Chris Jackson Joins SurePath Wealth as Senior Wealth Advisor and Partner

In a Hollywood-worthy “rags to riches” story, Chris Jackson joins SurePath Wealth as a Senior Wealth Advisor and Partner. AUSTIN, TX, UNITED STATES, October 15, 2019 /⁨EINPresswire.com⁩/ -- SurePath Wealth is proud to announce that Chris Jackson …

Fort Collins Roofing Company Assists with Thousands of Roofing Insurance Claims After Significant Hail Damage in 2019

The contractors from Fort Collins Roofing Company continue their mission to help residents with roof replacements and insurance claims throughout the area. FORT COLLINS, COLORADO, UNITED STATES, October 15, 2019 /⁨EINPresswire.com⁩/ -- It's no …

NTI@Home Seeking 225 Individuals with Disabilities for Work-at-Home Call Center Roles with Fortune 1000 Company

NTI@Home continues partnership with world’s largest outsourcing companies to provide individuals with disabilities full and part-time, work-at-home roles. BOSTON, MA, UNITED STATES, October 15, 2019 /⁨EINPresswire.com⁩/ -- Over the course of 10 …

Agricultural Crop Insurance Market 2019 Global Share, Trends, Segmentation, Analysis and Forecast to 2023

Wiseguyreports.Com Publish Market Research Report On -“Agricultural Crop Insurance Market 2019 Global Analysis, Size, Share, Trends and Growth, Forecast 2023” PUNE, INDIA, October 15, 2019 /⁨EINPresswire.com⁩/ -- Agricultural Crop Insurance …

Sopheon Expands Partner Ecosystem with Phoenix Capital

Italian business consulting firm to offer Accolade® enterprise innovation management software and services to finance, insurance and banking markets AMSTERDAM, THE NETHERLANDS, October 15, 2019 /⁨EINPresswire.com⁩/ -- Sopheon (LON: SPE), a global …

Syncora Holdings Ltd. Announces Additional Information Regarding Proceeds of SGI Sale, as well as Timing of GAAP ...

HAMILTON, Bermuda, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Syncora Holdings Ltd. (“Syncora”) today announced its intention to distribute 100% of the net sale proceeds from its previously announced agreement to sell Syncora Guarantee Inc. (“SGI”), its wholly- …

John Huttinger, President of SeaTech Insurance Agency, Inc./Pacific Unified Insurance, Joins Burnham Risk as Executive ...

ORANGE COUNTY, Calif., Oct. 15, 2019 (GLOBE NEWSWIRE) -- California-based risk management and strategic insurance solutions company, Burnham Risk, is pleased to announce John Huttinger, President of SeaTech Insurance Agency/Pacific Unified Insurance, …

Verifly Announces $22M Funding From IAC, Rebrands & Expands to Become Thimble

NEW YORK, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Verifly, the first and only platform to offer short-term liability coverage for small businesses and independent workers today announced that it has expanded and rebranded to become Thimble, supported by $22 …