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INSURANCE & PENSIONS

INSURANCE & PENSIONS

INSURANCE & PENSIONS

The total pension assets under the Contributory Pension Scheme (CPS) have risen from N7.52 trillion as of December 2017, to N8.23 trillion in June 2018. The Acting Director ...
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Fintech
COVER INSURANCE & PENSIONS

Carrot Technologies Limited, a financial technology firm (FinTech) start-up has hinted that there are benefits in the Nigerian insurance market by leveraging technology. At a press briefing in ...
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COVER INSURANCE & PENSIONS NEWSLETTER

Following the recapitalisation timeline announced last week by the National Insurance Commission (NAICOM), fears of hostile takeover has gripped some owners of insurance companies due to their low share prices on ...
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PENCOM
COVER INSURANCE & PENSIONS NEWSLETTER

The National Pension Commission (PenCom) said that the total pension fund assets stood at N8.14 trillion as at May, 2018. PenCom in a statement signed by its spokesman, ...
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BANKING & FINANCE INSURANCE & PENSIONS MEDICAL & HEALTHCARE

The Executive Secretary of the National Health Insurance Scheme (NHIS), Professor Usman Yusuf has indicted banks, former Executive Secretaries of NHIS, select management staff and interest groups in ...
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AUTOMOBILE COVER INSURANCE & PENSIONS

The insurance industry has lost a whopping N240 billion premium income from the non-insurance of an estimated eight million tricycles and motorcycles which ply Nigerian roads between 2000 ...
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INSURANCE & PENSIONS

The Gross Written Premium (GPW) of insurance companies in Nigeria grew by N47.1 billion in 2017, according to the Nigeria Insurance Association (NIA). The GPW is the value of total business undertaken ...
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AXA Mansard
INSURANCE & PENSIONS

A leading health insurance company, AXA Mansard Health, duly regulated by NHIS, has emerged as the Health Maintenance Organization (HMO) of the year at the 2018 Nigerian Healthcare ...
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NHIS
INSURANCE & PENSIONS

Over N138 billion National Insurance Health Scheme (NHIS) cash is trapped in 17 banks, financial companies, and individual pockets from January 2011 to date, a Federal Government team ...
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Pencom
INSURANCE & PENSIONS

The National Pension Commission (PenCom) is set to commence verification of prospective retirees of 2019 on June 25, 2018, the Acting Director General of the Commission, Hajiya Aisha ...
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INSURANCE & PENSIONS

The National Pension Commission (PenCom) says the 50 per cent lump sum payable to retirees as gratuity on retirement from their Retired Saving Account (RSA) was reduced to ...
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Pension
INSURANCE & PENSIONS

The National Bureau of Statistics (NBS) says 7,975,976 workers were registered under the pension scheme in the first quarter of 2018 compared to 7,823,911 registered in the fourth ...
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Lagos Pensioners
INSURANCE & PENSIONS LABOUR

The Lagos State Pension Commission (LASPEC) said Gov. Akinwunmi Ambode of Lagos State, has paid a total of N37, 546 billion to pensioners since 2015. According to a ...
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Pension Scheme
INSURANCE & PENSIONS NEWSLETTER

The National Bureau of Statistics, NBS, in a new report has revealed that the Pension Fund Asset under Management as at the first quarter of 2018 stood at ...
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INSURANCE & PENSIONS NEWSLETTER

The International Organisation for Standardisation, ISO, has awarded its ISO 9001:2015 certification to AXA Mansard Insurance Plc in recognition of the company’s quality management system and conformity with ...
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Mutual benefits
INSURANCE & PENSIONS

Mutual Benefits Assurance Plc has paid a total of N5.15 billion to policyholders in the country in efforts to regain confidence in the nation’s insurance sector. According to ...
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INSURANCE & PENSIONS NEWSLETTER

The National Bureau of Statistics, NBS, on Friday, May 25, said that 7,975,976 workers are registered under the pension scheme in the first quarter (Q1) 2018 compared to ...
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Linkage Assurance Plc as the insurer grew its profit after tax by 431 percent to N2.9 billion from N544.6 million recorded in 2016, while the profit before tax ...
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ARM
COVER INSURANCE & PENSIONS NEWSLETTER

Leadway Assurance Company Limited has announced profit after tax of N12.8 billion for the year ended December 2017. The Insurer’s 2017 profit was higher than the N6.7 billion ...
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brokers
INSURANCE & PENSIONS NEWSLETTER

The board of Mutual Benefits Assurance Plc has recommended the payment of 2 kobo per 50 kobo ordinary share to its shareholders. The insurer made this disclosure in ...
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