Air Peace to airlift first batch of 364  stranded Nigerians from Ukraine on Thursday

By Favour Nnabugwu
Air Peace is to airlift first batch of 364 stranded Nigerians from Ukraine back to Nigeria on Thursday, March 3, 2021
The airline and Max Air have been contracted by the federal government to bring back about 2090 stranded Nigerians who have fled from war torn Ukraine to neighbouring countries back to Nigeria.
According to the Chief Operating Officer, COO, Air Peace, Mrs Toyin Olajide, the first batch of 364 Nigerians will be brought into Nigeria from Poland on Thursday, March 3, 202.
 Confirming the contractual agreement yesterday , the Ministry of Foreign  Affairs Permanent Secretary said about 2090 Nigerians is expected to be airlifted from Hungry, Poland, Romania, and Slovakia.
The Permanent  Secretary said :
“Furtherance to our efforts to evacuate Nigerians from the neighbouring countries surrounding Ukraine, we can confirm that chattered flights will depart on Wednesday, March 2, 2022 to pick up Nigerian evacuees back home.”
“So far, we have the following records of evacuees received by Nigerian embassies at Hungry (650 person), Poland (350 persons), Roman (940 persons) and Slovakia (150 persons).”
“The First batch of evacuees are expected to arrive Nigeria on Thursday, March 3, 2022.
“Once again, we assure Nigerians that we are working round the clock to see that our citizens are brought back home safely”
Recall since the outbreak of war between Ukraine and Russia, Nigerians, mostly students , had called on the government to evacuate them from the country.
Swiss Re returns to profit in 2021

By Favour Nnabugwu

 

 

 Swiss Re has returned to making profits as at 31 December 2021. The 1.437 billion USD net result has been achieved despite the Covid-19 and natural catastrophes loss experience after a net loss of 878 million USD in 2020

At the end of 2021, these two types of events have respectively cost the group 2.005 billion USD and 2.4 billion USD.

The P&C class of business has posted a net profit of 2.1 billion USD against a net deficit of 247 million USD in 2020. Natural catastrophes claims totaled 2.1 billion USD. The non-life combined ratio has gained 11.9 points to reach 97.1%.

The life and health (L&H) entity has shown a 523 million USD deficit. In addition to this loss, the Covid-19 claims amounted to 1.956 billion USD.

The direct insurance subsidiary, Corporate Solutions, is closing the year 2021 with a net profit of 578 million USD against a negative net result of 467 million USD in 2020.

A 5.9 CHF (6.3 USD) per share dividend will be proposed to the annual general meeting scheduled for 13 April 2022.

The Swiss reinsurer has reported a 4.7% turnover increase in 2021. Written premiums have gone from 40.77 billion USD at the end of 2020 to 42.726 billion USD a year later.