Saham Unitrust announces change of name Read more at: https://www.vanguardngr.com/2019/12/saham-unitrust-announces-change-of-name/

Commonwealth doctors tasks FG on improved security, welfare

Saham Unitrust announces change of name

 By Cynthia Alo Saham Unitrust Insurance Nigeria Limited has announced its change of name to  Unitrust Insurance Company Limited.

In a statement, the company said that this notification became necessary, having met all regulatory requirements. According to the company,  all past correspondence, licences, documents and title issued under the former name remained valid. The underwriting company was established and licensed in 1986 as Unitrust Insurance Company Limited, and has remained as one of the major underwriters of non-life insurance services in Nigeria. The company underwrites motor, marine, aviation, engineering, bonds, fire & special perils, burglary, money, goods in transit, personal/group personal accident, employers’ liability, fidelity guarantee, including oil and gas insurance and it is a major player in travel insurance. 

 It will  be recalled that its name was changed to Saham Unitrust Insurance Nigeria Ltd in 2014, when Saham bought into the company before its current change of name. Managing Director of the company, Mr. John Ijerheime, reiterated the company’s passion for excellent service delivery to its customers. He said that  that the company had plans to ensure that it met the recapitalisation requirements of the regulatory body, the National Insurance Commission, before the deadline given to the industry. Ijerhieme added that as part of its promise to honour all genuine claims, Unitrust Insurance would continue to ensure prompt claims settlement to its claimants. 

 The MD assured the public that the company would continue to deploy cutting-edge technology to provide the best services in the insurance industry. Ekpenyong tasks FG on poverty alleviation in 2020 He stated that the group’s gross written premium  rose by 27 per cent to N3.168bn at the end of December 2018 from N2.486bn at the end of December 2017 while  profit before tax stood at N806.18m at the end of 2018 from N818.04m at the end of 2017, while its profit after tax rose to N759.96m from N427.68m respectively. He noted that the group’s underwriting profit stood at N220.25m in the period under review from N303.79m in the corresponding.

Comments

Post a Comment

Popular posts from this blog

Only Buhari Can Finish Off Boko Haram – The Week In Quotes

Image
Only Buhari Can Finish Off Boko Haram – The Week In Quotes Insecurity is a major concern for Nigeria at the moment and this issue has continued to trigger debates and protests across the nation. Here are some top quotes from the passing week, that highlight the socio-political atmosphere within the country at this time. Also listed are a few other quotes from events that made the news last week, with coronavirus and death of basketball legend, Kobe Bryant, taking making the headlines. 1.  President Buhari is going to finish off these terrorists, he alone can do it. The Presidency says President Muhammadu Buhari is the  best man to destroy the Boko Haram insurgents  in the northeast and bring an end to their carnage in Nigeria. 2. The president’s decision is the product of a comprehensive and systematic assessment that was conducted by the Department of Homeland Security, as well as in partnership with other federal agencies. The US Government spea...
Read more

When Col. Dangiwa Umar speaks, Govt will do well to listen – Fani-Kayode

Image
When Col. Dangiwa Umar speaks, Govt will do well to listen – Fani-Kayode By Nwafor Sunday “When Col. Abubakar ‘Dangiwa’ Umar speaks the Government would do well to listen. He is a man of deep wisdom, profound knowledge and extraordinary courage. “Like yours truly, he fears no man and bows before no mortal. He speaks truth to power and he makes tyrants tremble”. Former Minister of Aviation, Chief Femi Fani-kayode, submitted the above statement while commending the boldness of a former military Governor of Kaduna state, Col. Abubakar Dangiwa Umar (Rtd). Col. Umar had yesterday in a letter counseled President Muhammadu Buhari, over the lopsided appointments in his administration.  He advised Buhari to change his method of appointments, saying that he (Buhari) has only three years to write authentic history. He warned Mr President that his skewed appointments into the offices of the federal government, favoring some and frustrating others, shall bring ruin and destruction to the ...
Read more

2023 politicking in 2020

Image
2023 politicking in 2020 THE 2019 general elections took place barely 10 months ago, and those declared winners were installed a little over six months ago. Yet, it seems the politics of the next general election year 2023 is already in play. One of the founders of the ruling All Progressives Congress, APC, Alhaji Bola Ahmed Tinubu who is reportedly eyeing the presidency, come 2023, visited Aso Villa last week and told newsmen that it was too early to be talking about the next election because “the time is not now”. READ ALSO:Declare state of emergency on security, economy- ACF tells Buhari(Opens in a new browser tab) However, this opinion does not derogate from the fact that some groups have been openly campaigning for him to succeed Buhari come 2023.  There is this notion that in a democracy there should be times for politics and governance. We have just done with intensive politics, it is now time to deliver electoral promises to the people through focused governance. Ther...
Read more