Featured Finance Insurance

Standard Life Aberdeen to rebrand as Phoenix Group takes over its historic name

Embed from Getty Images Standard Life Aberdeen (SLA) has announced the “simplification and extension” of its strategic partnership with Phoenix Group as it sells its historic brand to the life insurer and looks to focus on its asset management and platforms businesses. The deal extends the terms reached between the two parties in 2018, which […]

Finance Insurance

GPRTU commends NIC Boss for changing the face of motor insurance

Embed from Getty Images The National Chairman of the Ghana Private Road Transport Union (GPRTU) has commended the National Insurance Commission (NIC), for coming to the rescue of their members in the commercial transport sector and bringing sanity to our roads. The Chairman, Nana Nimako Bresiamah made these remarks when he and other National and […]

FBD has today reported profit before tax of €4.8m for the year to the end of December
Finance Insurance

FBD raises provision for lockdown insurance claims to €65m

Embed from Getty Images FBD Holdings said it has expanded its arrangement for the aftermath of the High Court bar business interference cases administering to €65m, which incorporates assessed net cases expenses of €54m and €11m accepted reinsurance reestablishment charge. It said that gross cases costs are presently assessed to be about €150m. The back […]