INSURANCE & PENSIONS

INSURANCE & PENSIONS

Insurance NAICOM CBN
INSURANCE & PENSIONS

The Central Bank of Nigeria (CBN) and the National Insurance Commission (NAICOM) have disagreed on terms and conditions for the operation of bancassurance for the banking and insurance ...
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insurance cost
INSURANCE & PENSIONS

Insurance companies are seeking ways to reduce operational cost in order to increase their profits. The Chairman, Sub Committee, Publicity and Communications of the Insurance Committee, Hassan Odukale, ...
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insurance
INSURANCE & PENSIONS

Staco Insurance plc has set up platforms that would enable clients pay online. Chairman of the company, Mr. Dere Otuba revealed this at the company’s 20th annual general meeting ...
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Insurance NAICOM CBN
COVER INSURANCE & PENSIONS

The insurance industry is putting modalities in place to partner with the Nigeria Interbank Settlement System (NIBSS) in the use of technology to reduce overhead costs. Chairman of ...
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NDIC Insurance
COVER INSURANCE & PENSIONS

The Nigeria Deposit Insurance Corporation (NDIC) on Sunday said it had granted approval for an upward review of its maximum deposit insurance coverage for the Primary Mortgage Banks ...
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COVER INSURANCE & PENSIONS NEWSLETTER

Oak Pensions Limited has grown its pension assets by 24.27 per cent to N48.5 billion from N39 billion where it stood in 2015, its Chairman, Awa Ibraheem has ...
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INSURANCE & PENSIONS NEWSLETTER

The Director-General, National Pension Commission. PenCom, Mrs Chinelo Anohu-Amazu, has said over N3 trillion investible pension fund with the potential to unlock the nation’s economy has remained untapped. ...
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Law Union and Rock
COVER INSURANCE & PENSIONS

Law Union and Rock Insurance Plc has posted a profit after tax of N280 million for the year ended December 31, 2015, compared to the N125 million it ...
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INSURANCE & PENSIONS NEWSLETTER

Continental Reinsurance Plc has announced a Profit Before Tax, PBT of N2.92 billion for the 2015 financial year, representing 83.61 per cent leap compared with N1.59 billion in ...
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PenCom DG Savings
COVER INSURANCE & PENSIONS

Pensioners under the Contributory Pension Scheme (CPS) are excited over the return on their savings. Under the Pension Reform Act 2014, they are referred to as Retirement Savings ...
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Insurance NAICOM CBN
INSURANCE & PENSIONS

Nigerians have been urged to see insurance as a way of life. Managing Director, Great Nigeria Insurance Plc, Mrs. Cecilia O. Osipitan gave the advice in Lagos. Speaking ...
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INSURANCE & PENSIONS NEWSLETTER

Swiss Re has purchased a 25 per cent stake of Leadway Assurance Company Limited, Managing Director of the former,Mr Oye Hassan-Odukale made this known in Lagos. Hassan-Odukale, who said the ...
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fake motor insurance
INSURANCE & PENSIONS NEWSLETTER

Sovereign Trust Insurance, STI Plc has recorded a Profit After Tax, PAT,of N582. 2 million for the 2015 financial year, indicating a 97 per cent growth on the N294. 9 ...
1
insurance
INSURANCE & PENSIONS

The Managing Director and CEO, of UnityKapital Assurance, a leading insurance company, Mr. Michael Dogo, has disclosed an increase of 4.49% in gross premium income to N3,032,045,000 Billion ...
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INSURANCE & PENSIONS

Benue state governor, Samuel Ortom, has approved the release of N400 million for the payment of pension and gratuity to local government and state pensioners every month. According ...
3
INSURANCE & PENSIONS NEWSLETTER

  Stanbic IBTC Pension Managers Limited has till date disbursed over N200billion as monthly pension to retirees under the contributory pension scheme, CPS. Chief Executive, Mr. Eric Fajemisin ...
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ARM
INSURANCE & PENSIONS NEWSLETTER

Commissioner for Insurance, National Insurance Commission, NAICOM, Mohammed Kari has said the insurance industry presently has between N70 to N80 billion life annuity fund. The Commissioner made this known following ...
1
Fashola DISCOs IBEDC
INSURANCE & PENSIONS

The federal government has solicited the collaboration of insurance industry operators in infrastructural development in the country. It said only contractors with prove of compliance with Workmen Compensation ...
3
NGO
INSURANCE & PENSIONS

Sovereign Trust Insurance Plc has revealed that it is partnering a Lagos-based non-governmental organisation (NGO), Teenage Life, on youth development in line with its Corporate Social Responsibility (CRS) ...
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Adeosun
BUSINESS & ECONOMY INSURANCE & PENSIONS

The Minister of Finance, Mrs Kemi Adeosun has bemoaned that the under-performance of the insurance sector was denying the country an annual 1.5 per cent increment in Gross ...
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