INSURANCE & PENSIONS

INSURANCE & PENSIONS

COVER INSURANCE & PENSIONS

The Pension Transitional Arrangement Directorate (PTAD) says it has concluded payment of August monthly pensions of retirees under the Defined Benefit Scheme (DBS). A statement by PATD’s Deputy ...
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INSURANCE & PENSIONS

Allianz Group announced today a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. (GGH). Ensure Insurance Plc. ...
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INSURANCE & PENSIONS NEWSLETTER

An additional N20billion liability would be added to the stack of pension settlements owed by the federal government upon passage of the bill for the exemption of the ...
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Insurance companies in Nigeria, have upped premium rates for flood insurance by 50 per cent as a result of  to increased flooding incidences across the country. The spike ...
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COVER INSURANCE & PENSIONS

Oliver Bäte, CEO of Allianz SE, today opened the 44th annual Insurance Conference in Sun City, South Africa, with a keynote address on the conference theme “Disrupt, Debate, ...
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INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission, PenCom, has prepared a total of 12, 919 employees of the Federal Government for retirement between January and December 2018. Head Corporate Communication Department, ...
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Linkage Assurance Plc has released its interim financial statements, for the period ended 30th September 2016, showing a profit of N616.1 million, a 5.5 percent drop from N651.8 ...
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The Lagos State government, under the auspices of the Lagos State Pension Commission (LASPEC) has paid N941 million retirement benefits to 228 retirees from the Mainstream Civil Service, ...
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State tax authorities have added 3, 414, 496 million new taxpayers to the national tax register under six months, bringing the total number of individual taxpayers in the ...
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INSURANCE & PENSIONS

Managing Director/Chief Executive Officer of IEI-Anchor Pension Managers Ltd, Mr. Glory Etaduovie at the company’s annual general meeting in Abuja has said that the company recorded a modest ...
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INSURANCE & PENSIONS NEWSLETTER

The Pension Transitional Arrangement Directorate, PTAD, has said a total sum of N1.2billion would be released between now and December 15 to offset arrears of pensioners of the ...
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Wapic Insurance Plc says it is working on strategic initiatives to promote business sustainability and insurance relevance among capital market operators. This was made known during the firm’s ...
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The Nigeria Union of Pensioners (NUP) has demanded for N25,000 as new minimum pension. The union said it is sad that many pensioners were still paid less than ...
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Retirees under the Contributory Pension Scheme will from early next year enjoy a minimum pension payment irrespective of the balance in their Retirement Savings Accounts. The Chairman, Pension ...
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INSURANCE & PENSIONS NEWSLETTER

Director-General, National Pension Commission, PenCom, Chinelo Anohu-Amazu, has announced that Nigeria’s Contributory Pension Fund, CPF, has leaped to about N5.9 trillion as at October 31st 2016 The Pencom ...
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NDIC
INSURANCE & PENSIONS

President Muhammadu Buhari has charged the Senate to confirm the reappointment of Umaru Ibrahim as the Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation ...
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Boff
INSURANCE & PENSIONS

One of Nigeria’s leading insurance brokerage firms, Boff and Company Insurance Brokers Limited, recently celebrated 25 years of excellence in insurance brokerage service delivery and the unveiling of ...
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The Nigerian insurance sector is losing over N50 billion to fake Third Party Motor Insurance yearly, findings by The Nation have revealed. The conclusion was drawn from the Federal ...
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INSURANCE & PENSIONS NEWSLETTER

Oyo State government has approved N880 million for the payment of primary schools and local government pensioners in the state. The Caretaker Chairman of Ibadan Northwest Local Government Area, ...
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NAICOM policies refining industry operations’
INSURANCE & PENSIONS

Industry operators have said the radical policies introduced by the National Insurance Commission (NAICOM) have improved their operations. Former President, Nigerian Council of Registered Insurance Brokers (NCRIB), Babatunde ...
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