Nigeria Reinsurance Denies Insuring Crashed Plane

The truth in the claim by Associated Airline Limited that its aircraft that crashed on Thursday, killing 13 people and injuring seven while conveying the remains of former Ondo State Governor, Chief Olusegun Agagu, was insured with SEMA Insurance Company could not be established yesterday.
The Nation investigation Newspaper revealed that of the 59 existing insurance companies in the country, there is none known by that name.
The Nigeria Reinsurance Corporation, which the airline claimed was its reinsurer also denied any business relationship with the airline.
In a telephone interview with our correspondent, the regulatory body of the insurance sector, the National Insurance Commission (NAICOM) confirmed that there is no insurance company in Nigeria known as SEMA Insurance.
Although the commission could not disclose the insurer or reinsurer of the airline at press time, it promised to inform the public on the matter soon.
NAICOM Spokesman, Rasaaq Salami, said he was shocked at the claim by the airline that its aircraft was insured by SEMA.
A senior manager of Nigeria Reinsurance Corporation, who spoke with our correspondent on condition of anonymity, also said the company was surprised to hear its name mentioned by the airline as its aircraft’s reinsurer.
“We are surprised, but we have also taken steps to find out why our name was mentioned. We are going to counter the statement soon,” he said.
Following the crash of the ill-fated Embraer 120 marked 5NBJY, the Chief Operating Officer of Associated Airline Limited, Alhaji Taiwo Raji, while briefing aviation correspondents at the Murtala Mohammed Airport, had said that the aircraft was insured with SEMA Insurance Company and reinsured with Nigeria Reinsurance Corporation.
Raji said: “Flight 361 departed Lagos en route Akure when it crashed. The aircraft is 23 years old, and the last maintainance on the aircraft was carried out on June 14, 2013. The aircraft flew last on August 30, 2013. The airline has 10 aircraft out of which six are serviceable.
“Of the 20 passengers that were on board, 13 have been confirmed dead, while there are seven survivors.
“Of the seven survivors, five of them are at the Lagos State University Teaching Hospital. One of them is at the Nigeria Air Force Hospital, while the other survivor is at the Federal Medical Centre at Ebute Meta.”
In his reaction, the spokesman of the Federal Airport Authority, Mr. Yakubu Dati, said: “The inquiry as regards whether they have insurance cover or not can best be answered by the author of the statement.”


CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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