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INSURANCE & PENSIONS

PenCom demands evidences of pension compliance in companies’ financial statements

Budgetary delay hinders PenCom’s move to hunt default employers

The National Pension Commission (PenCom) has revealed that the continuous delay in the implementation of the 2016 Budget has served as the major constraint...
Sovereign Trust Insurance grows PAT by 569%

Sovereign Trust Insurance settles N.3bn claims in Q1 2016

  Sovereign Trust Insurance Plc has continued to demonstrate avowed commitment towards prompt claims settlement as the underwriting firm paid out a total sum of...
Re Anohu-Amazu: An amazon bows out; another side of the Anohu-Amazu

Why investing pension funds in infrastructure not visible – Expert

  Owing to the deficit of infrastructure in Nigeria, the head of investments, Pensions Alliance Limited, Lagos, Abimbola Sulaiman has said the money allocated to...
Nigerians need Insurance more during economic recession - NCRIB boss

Insurance future hangs on mentoring – Okunoren

Effective and deliberate Mentoring of the upcoming generation has been described as the best way to sustain the legacy of professionalism and excellence expected...
Shareholders decry heavy monetary fine on underwriting firms

Shareholders decry heavy monetary fine on underwriting firms

Shareholders of insurance firms across the country are unhappy that their companies continue to pay monetary fines running into several millions of Naira, on...
Risk management key to economic growth, says RIMSON

Risk management key to economic growth, says RIMSON

The President, Risk Managers Society of Nigeria (RIMSON), Mr. Jacob Adeosun, said risk management is key to the nation's economic growth, especially, in the...
Pensioners paralyse commercial activities in Benin

Reps want bailout for FG pensioners

The House of Representatives has urged the Federal Government to intervene in the current crisis of unpaid pension arrears threatening the lives of Nigeria’s...
Leadway Assurance, NAIPCO hold second of journalist training

Swiss Re acquires 25% stake in Leadway Assurance

Leadway Assurance Company Limited has announced that Swiss Re has purchased a 25 per cent stake in the company. Leadway Managing Director, Mr Oye Hassan-Odukale...
Nigerians need Insurance more during economic recession - NCRIB boss

NAICOM gives lifeline to 108 brokers with lapsed licences

The National Insurance Commission(NAICOM) has issued a lifeline to the 108 Insurance Brokers whose licence lapsed with requirements to re-register under the same name. NAICOM...
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...