• Contact Us
  • About
  • Advertise
  • Privacy & Policy
Wednesday, May 25, 2022
  • Login
  • Register
Business Post
E3P Motor Insurance
  • Home
  • Insurance
  • Pension
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
No Result
View All Result
  • Home
  • Insurance
  • Pension
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
No Result
View All Result
Business Post
No Result
View All Result
Home Insurance

Awards: Africa Re Rewards Companies And Top CEO For Exceptional Standards

Nwanne Ikemefune by Nwanne Ikemefune
February 3, 2021
in Insurance
0 0
0
Dr Corneille Karekezi ,african re
0
SHARES
42
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

African Reinsurance Corporation, in the just concluded 6th African Insurance Awards, featured CEO of the Year and other winners. There were four categories of the awards. It was a virtual programme and over 1250 professionals took part in the 2020 edition held Friday 18, 2020.

The CEO of the Year Award was won by the managing director at FBN Insurance Limited, Mr. Valentine Ojumah. He earned it for turning around FBN Insurance to a performer in terms of premium growth (3rd position in life insurance), profitability, shareholders’ funds and Return on Equity. He was also credited for overseeing a strategic acquisition.

Other winners of the four categories were: Alpha Direct Insurance Company of Botswana, which won the Innovation of the Year award. The company has developed an easy-to-understand ‘Insurance-in-box’ product that makes it possible for low-income groups to access vital insurance products and services. This box idea is unique and original with free scratch card and 60 seconds sign up. It is accessible to all mobile users, even with very basic mobile phones.

Mr. Valentine Ojumah Managing Director FBN Insurance Limited

The Mauritius Union Assurance (MUA Limited), won The Insurance Company of the Year award. The company’s strong and steady growth in the last three years, successful digitisation of its services and, client centric strategies have earned it the consensus ranking from the judges.

PULA from Kenya won the InsurTech of the Year award. The company found a solution for smallholder farmers to access insurance with ease. PULA has also partnered with the World Food Programme to insure 3.5 million farmers in 10 African countries.

The African Reinsurance Corporation profusely commended all the participants and the judges. This year, the awards featured two panel discussions with industry leaders like Richard Lowe, Hammam Badr, Patrick Tumbo, Dominic Christian and prominent economist like Ludovic Subran and Carlos Lopez who reflected on the impact of Covid-19 in the African economy, especially the insurance industry, and how it can be rebuilt after the pandemic.

The event also witnessed the performance of some African artists: Betty G. from Ethiopia, Femi Kuti from Nigeria and Magic Systems from Cote d’Ivoire

The group managing director and CEO, Africa Re, Dr. Corneille Karekezi, congratulated all the nominees and disclosed that each winner will get a sum of $25,000. “You have made all of us in the insurance industry proud and even more determined, to achieve greater success, and to serve our customers and communities to manage better the risks they face,” he declared with a seal of promise.

Previous Post

AfDB Board Upticks Borrowing For 2021

Next Post

Extending Costs Reduction To Insurance Can Backfire, SMEs Advised

Nwanne Ikemefune

Nwanne Ikemefune

Next Post
Service, Competition Get Boost With Seven New Operators

Extending Costs Reduction To Insurance Can Backfire, SMEs Advised

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

NEM INSURANCE NEM INSURANCE NEM INSURANCE
  • Trending
  • Comments
  • Latest
ILAN Picture

Loss Adjusters Receive Charge To Match Speed Of New Developments

April 3, 2022
Custodian Investment To Acquire 51% Stake In UACN Property

Penetration: Operators Call For Insurance-In-Action

April 3, 2022
tope smart NIA former chairman

Insurance Milestone: A Beacon To Follow

April 3, 2022
ncrib logo

NCRIB And Universal In Pictures

August 23, 2020
How Strong Is The Reinsurance Sector Going Into 2021?

How Strong Is The Reinsurance Sector Going Into 2021?

349
Scib CEO Tinubu

Professionals Want Value Dimension Added To Enhance Compulsory Insurance

48
PenCom Trigger Lifts Transfer System Off The Starting Block With Split Responsibilities

Pension Funds Encounter First Waterfall

42
Linkage Assurance Aligns With Brokers For Growth

Linkage Assurance Aligns With Brokers For Growth

41
NAICOM Head office

Insurance Industry, NAICOM Commit All For Full Exploration of AfCFTA Benefits

May 25, 2022
Adegbayi A

Nigeria Liability Pool 2021 Performance Outpaces Insurance Results

May 25, 2022
Russia-Ukraine Conflict Thwarting Global Recovery

Russia-Ukraine Conflict Thwarting Global Recovery

May 24, 2022
Image Spin: Finance Minister Commissions No Place To Hide NAICOM Portal

FG Commends NAICOM Rolls Out More Challenges

May 21, 2022

Recent News

NAICOM Head office

Insurance Industry, NAICOM Commit All For Full Exploration of AfCFTA Benefits

May 25, 2022
Adegbayi A

Nigeria Liability Pool 2021 Performance Outpaces Insurance Results

May 25, 2022
Russia-Ukraine Conflict Thwarting Global Recovery

Russia-Ukraine Conflict Thwarting Global Recovery

May 24, 2022
Image Spin: Finance Minister Commissions No Place To Hide NAICOM Portal

FG Commends NAICOM Rolls Out More Challenges

May 21, 2022
Brexit Spin-off: Nigerian High Commission Promises Soft Landing For Nigerian Insurance Brokers

African Delegates To BIBA Secure African Issues Presentation In Subsequent Conferences

May 21, 2022
Africa Insurance Solutions Sought To Douse Uninsured Risks And Lift Penetration Level

NEM Insurance Positive Ticks Surround 2021 Performance

May 23, 2022
Image Spin: Finance Minister Commissions No Place To Hide NAICOM Portal

NAICOM Harvests Real Time Statistical Data, Raises Market Transparency

May 23, 2022
Image Spin: Finance Minister Commissions No Place To Hide NAICOM Portal

Image Spin: Finance Minister Commissions No Place To Hide NAICOM Portal

May 20, 2022
Access Holdings Plc Sets To Clinch Majority Stake In First Guarantee Pension

Access Holdings Plc Sets To Clinch Majority Stake In First Guarantee Pension

May 19, 2022
NAICOM Tells Operators To Match Its Speed, Take Over Secured Markets

College of Insurance Supervisors Charged To Harness Global Standards Fitting For West Africa

May 18, 2022
Brexit Spin-off: Nigerian High Commission Promises Soft Landing For Nigerian Insurance Brokers

Brexit Spin-off: Nigerian High Commission Promises Soft Landing For Nigerian Insurance Brokers

May 18, 2022

Sovereign Trust Performance Soars In Q1 2022, Rises By 37% Over 2021

May 16, 2022
NAICOM Tells Katsina Government And Citizens That Insurance Is A Major Factor For Life And Businesses

Katsina Govt Jabs Mild Insurance Enforcement, Embraces Call For Insurance Partnership

May 16, 2022
NAICOM Tells Katsina Government And Citizens That Insurance Is A Major Factor For Life And Businesses

NAICOM Tells Katsina Government And Citizens That Insurance Is A Major Factor For Life And Businesses

May 13, 2022
Business Post

We connect brands with buyers and sellers of insurance, pension and also project insurance and allied Businesses to the trending generation. We help the various public to adapt to the constant changes as it would impact, and also enable advertisers to connect, engage and target opportunities on line , in print and in person.

Browse by Category

  • Business Unlimited
  • Feature
  • Insurance
  • News
  • OIL & ENERGY
  • Pension
  • Travel

Recent News

NAICOM Head office

Insurance Industry, NAICOM Commit All For Full Exploration of AfCFTA Benefits

May 25, 2022
Adegbayi A

Nigeria Liability Pool 2021 Performance Outpaces Insurance Results

May 25, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020 BusinessPost

No Result
View All Result
  • Home
  • Insurance
  • Business Unlimited
  • OIL & ENERGY
  • Feature
  • News
  • Contact Us
  • About
  • Advertise
  • Privacy & Policy

© 2020 BusinessPost

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In