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INSURANCE & PENSIONS

Staco Insurance grosses N5.40bn premium income in 2016

Staco Insurance grosses N5.40bn premium income in 2016

Staco Insurance Plc posted a gross premium of N5.40 billion in 2016, its Chairman, Prince Samuel Turoti, has said. He disclosed this at the firm’s...
Insurance association appoints new DG

Insurance association appoints new DG

The Nigeria Insurers Association (NIA) on Friday approved the appointment of Mrs Yetunde Ilori, the former Managing Director of Axa-Mansard Insurance Plc, as...
Stanbic IBTC Pension revamps sanitary facilities at Nigerian Prisons Training School

Stanbic IBTC Pension revamps sanitary facilities at Nigerian Prisons Training School

Nigeria’s leading Pension Fund Administrator (PFA), Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, in furtherance of its commitment to...
Brokers hail NAICOM for abolishing annual licence renewal

Brokers hail NAICOM for abolishing annual licence renewal

The President, Nigeria Council of Registered Insurance Brokers (NCRIB), Mr Kayode Okunoren, has applauded the National Insurance Commission (NAICOM) for considering abolishing annual renewal...
Insurance expert assumes CIIN leadership

Insurance expert assumes CIIN leadership

The Chief Executive Officer (CEO) of Risk Analyst Insurance Brokers Ltd, Mrs Funmi Babington-Ashaye, has been elected to assume the leadership of the Chartered...
Sovereign Trust Insurance shares return to stock market as NSE lifts ban

Sovereign Trust Insurance shares return to stock market as NSE lifts ban

The Nigerian Stock Exchange (NSE) has lifted the recent trading suspension placed on shares of one of Nigeria’s leading underwriting firms, Sovereign Trust Insurance...
NAICOM approves Guinea Insurance 2016 accounts

NAICOM approves Guinea Insurance 2016 accounts

...grows Gross Written Premium by 4.18%   The National Insurance Commission (NAICOM) has approved 2016 financial accounts of underwriting firm - Guinea Insurance Plc, the Executive...
Insurance industry needs FG to clear N8.4bn premium backlog – expert

Insurance industry needs FG to clear N8.4bn premium backlog – expert

Mr Kayode Oshinuga, the Managing Director of Eminent International Loss Adjusters Ltd., on Wednesday said the Federal Government owed N8.4 billion in premium payment...
NAICOM reiterates commitment to protect policy holders

NAICOM reiterates commitment to protect policy holders

The National insurance Commission (NAICOM), has reiterated its commitment toward protecting the interest of policy holders in the country. Mr mohammed Kari, the Commissioner for...
Fix Bureaucracy to make Nigeria business ready, Elumelu charges FG

Fix Bureaucracy to make Nigeria business ready, Elumelu charges FG

Chairman, Heirs Holdings, Tony Elumelu, has charged the public sector to urgently fix bureaucracy and the process of doing business in Nigeria to promote,...