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INSURANCE & PENSIONS

Zenith Insurance records N12.5bn gross premium written, pays N6.7bn claims

Zenith Insurance records N12.5bn gross premium written, pays N6.7bn claims

Zenith Insurance recorded gross premium written of N12.5 billion during its last financial year ended De. 31, 2017. It represents 12 per cent increase over...
FG commences verification, enrolment of 2019 retirees

PenCom commences sensitisation and verification of 2019 retirees

The National Pension Commission (PenCom) has kicked-off a pre-retirement workshop for 14,000 prospective 2019 retirees under the Contributory Pension Scheme (CPS) to bridge the...
Nigeria’s insurance sector records tremendous improvement in 3 years — NAICOM

Nigeria’s insurance sector records tremendous improvement in 3 years – NAICOM

The National Insurance Commission (NAICOM), says the sector has improved tremendously under the present dispensation. Mr Rasaaq Salami, the Deputy Director/ Head, Corporate Affairs of...
Okonjo-Iweala advocates massive education of Nigeria’s insurance policymakers for deep penetration

Okonjo-Iweala advocates massive education of Nigeria’s insurance policymakers for deep penetration

Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has called for a massive education of insurance policy makers in the country to achieve deep...
FG commences verification, enrolment of 2019 retirees

PenCom says pensioners’ 11 months accrued rights not N98bn

The National Pensions Commission (PenCom) on Wednesday refuted claims that pensioners’ accrued rights from May 2017 to April 2018 was N97.55 billion. Dr Amino Farouk,...
PTAD adds 717 pensioners to payroll

PTAD adds 717 pensioners to payroll

The Pension Transitional Arrangement Directorate (PTAD) has added 717 verified pensioners to its payroll. The Executive Secretary of PTAD, Sharon Ikeazor, said this in a...
PENCOM to start verification of prospective retirees

PenCom assures contributors on access to mortgage financing

The National Pension Commission (PenCom), says it is in the process of developing a workable guideline to allow Retirement Savings Account (RSA) holders access...
PENCOM to start verification of prospective retirees

PFAs commences scheme to enhance pension, says PenCom

The National Pension Commission (PenCom) said Pension Fund Administrators (PFAs) had commenced the enhancement of monthly pensions under its Programme Withdrawal (PW) from Dec...
Leadway Pensure MD now PenOp President

Leadway Pensure MD now PenOp President

The Pension Operators (PenOp) of Nigeria on Friday announced that it had elected Mrs Aderonke Adedeji, the Managing Director, Leadway Pensure, its new President. A...
PenCom clears over 4000 firms to bid for FG contracts

PenCom clears over 4000 firms to bid for FG contracts

The National Pension Commission (PenCom), on Wednesday issued compliance certificates to more than 4,000 firms to enable them bid for Federal Government contracts. Dr Amino...