Sunday, October 21, 2018
Home INSURANCE & PENSIONS

INSURANCE & PENSIONS

PenCom clears over 4000 firms to bid for FG contracts

PenCom approves 6,851 applications for annuity retirement plan in Q4,2017

The National Pension Commission (PenCom) says it approved 6,851 applications for annuity retirement plan in fourth quarter of 2017. According to the commission, the number...
Sovereign Trust Insurance grows PAT by 569%

Sovereign Trust Insurance grows PAT by 569%

...Shareholders receive 2017 financial report September 27   Having met all the stipulated requirements outlined by the National Insurance Commission (NAICOM) and the Nigerian Stock Exchange (NSE),...
Nigeria’s insurance sector records tremendous improvement in 3 years — NAICOM

Insurance recapitalisation deadline now Oct. 1 – NAICOM

The National Insurance Commission (NAICOM) on Friday confirmed backdating the insurance companies Tier-based recapitalisation commencement date to Oct. 1, as against January 1,...
Pay our full entitlements, pensioners beg FG

Osun pensioners protest non-payment of entitlements

Pensioners in Osun on Tuesday held a peaceful protest to demand payment of their outstanding entitlements and pension arrears. Our correspondent reports that the procession...
NAICOM urges stakeholders to embrace innovative options

NAICOM urges stakeholders to embrace innovative options

The National Insurance Commission (NAICOM), has urged stakeholders in the Nigerian insurance industry to embrace innovative options and productive collaboration that would help the...
Pay our full entitlements, pensioners beg FG

Pay our full entitlements, pensioners beg FG

The Association of Federal Contributory Scheme Pensioners in Oyo State on Monday appealed to the Federal Government to promptly pay the full...
Pay our full entitlements, pensioners beg FG

FG commences verification, enrolment of 2019 retirees

The Federal Government on Monday commenced the pre-retirement process, which includes verification and enrolment of its workers, under the Contributory Pension Scheme. The acting Director-General,...
PENCOM to start verification of prospective retirees

PENCOM to start verification of prospective retirees

The National Pension Commission (PENCOM) on Wednesday said it had concluded plans to commence verification of prospective retirees from the Federal Civil Service for...
PENCOM to start verification of prospective retirees

Why we reduced 50% lump sum payable to retirees – PenCom

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