Business
Embrace New Reforms; NAICOM Tells Insurers
The Commissioner for Insurance, National Insurance
Commission (NAICOM), Mr Fola Daniel, on Thursday advised insurance
practitioners to embrace new developments in the industry.
Daniel made the appeal at the 2012 Chartered Insurance
Institute of Nigeria (CIIN) Professional Forum in Ibadan.
According to him, what seemed to be standard exclusions to
some classes of insurance in the past are now seen as stand-alone cover.
“New developments arise everyday to challenge what we knew
and the way we have done things in the past,” he said.
The commissioner said that a professional would not be
better than a non-insurance professional if he failed to recognise new
developments.
According to him, practitioner should look beyond
professionalism and ‘think beyond the box’ in line with global changes.
Daniel said that in making a difference, the practitioner
must demystify the insurance profession.
Dr Wole Adetimehin, the CIIN President, said that the theme
of the forum was a call to practitioners to brace up for the challenges facing
the global economy.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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