NAICOM proposes N5m, N3m licensing fee for 2-tier insurance broking business

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has proposed N5 million and N3 million licensing fees for insurance broking business in the country, as against the present fee of N2.5 million. The insurance regulator in a draft guideline for the regulation of insurance brokers in Nigeria, issued in June […]

‘PenCom does not give, accept kickbacks’

    Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has reiterated that her staff do not give, accept kickbacks from any individual or organisation in the discharge of their responsibilities. A statement by the commission urged members of the public, particularly pensioners and pension […]

Ilori, Apampa, implore underwriters to build trust

  From left: Lana Loyinmi, Head Contribution & Bond Redemption, National Pension Commission; Mr. George Onekhena, Deputy Commissioner, Finance and Administration, NAICOM; Mrs. Yetunde Ilori, Director General, Nigeria Insurers Association; Alhaji Bala Zakariya’u, past president, Chartered Insurance Institute of Nigeria and Chairman of occasion, and Mr Adebayo Adeleke, Managing Director, Lancelot Ventures Ltd, during the […]

PenCom gets kudos for reverting to old programmed withdrawal template

  Mrs.  Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has been applauded by stakeholders for heeding complaints of retirees and reverting to the old Programmed Withdrawal (PW) template. PenCom had last week, directed all licensed Pension Fund Administrators (PFAs) to revert to the old programmed withdraw template in […]

Ambode urges public servants to embrace information technology

  Governor Ambode Public servants in Lagos State must be fully compliant with Information Technology( IT) as the country journeys on in the 21st Century, the Governor, Akinwunmi Ambode has said. The Governor represented by the Commissioner, Lagos State Ministry of Establishments, Training, and Pensions, Dr. Akintola Benson at the ongoing workshop for public servants […]

Pension Reform Act has developed insurance sector – Takor

Takor   *Cautions insurers of having faces of Dove and Lion Leave a comment and share Chuks Udo Okonta Pension Reform Act 2014 has greatly developed the insurance industry, the Executive Director, Centre for Pension Rights Advocacy, Barrister Ivor Takor, has said. He disclosed this at the 3rd National Conference of the National Association of […]

THE ROLE OF STAKEHOLDERS IN DEVELOPING INSURANCE AND PENSION INDUSTRIES: PRESENTED AT THE 3RD NATIONAL CONFERENCE OF THE NATIONAL ASSOCIATION OF INSURANCE AND PENSION CORRESPONDENTS

Takor THE ROLE OF STAKEHOLDERS IN DEVELOPING INSURANCE AND PENSION INDUSTRIES: PRESENTED AT THE 3RD NATIONAL CONFERENCE OF THE NATIONAL ASSOCIATION OF INSURANCE AND PENSION CORRESPONDENTS (NAIPCO) HELD ON AUGUST 9,2018 AT ORIENTAL HOTEL, LEKKI, LAGOS BY BARR. IVOR TAKOR, mni. EXECUTIVE DIRECTOR, CENTRE FOR PENSION RIGHTS ADVOCACY I wish to thank the leaders and […]

Linkage Assurance gets NAICOM approval to underwrite agric insurance

Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has secured the approval of the National Insurance Commission (NAICOM) to underwrite agric insurance in the Nigerian underwriting industry. The ‘no objection’ nod will enable Linkage support the farmers and service providers in the agricultural value chain for greater sustainability and economic growth. Among […]

Investor proposes 10 years recapitalisation roadmap for insurance industry

From left: Past President, Chartered Insurance Institute of Nigeria (CIIN), Bala Zakariya’u; Chairman, National Association of Insurance snd Pension Correspondents, Mrd Omobola Tolu-Kusimo and Managing Director Lancelot Ventures Limited, Adebayo Adeleke at the event. Leave a comment and share Chuks Udo Okonta An investor has proposed a 10-year recapitalisation roadmap that would enable life insurance […]

KEYNOTE ADDRESS BY THE ACTING DIRECTOR GENERAL AT THE 3rd ANNUAL NATIONAL INSURANCE & PENSION CORRESSPONDENTS (NAIPCO) CONFERENCE IN LAGOS ON 09 AUGUST, 2018

Participants at the event PROTOCOL I am delighted to deliver this address at this auspicious occasion of 3rd Edition of National Insurance & Pension Correspondents (NAIPCO) National Conference. I would like to start by expressing our appreciation to NAIPCO for its unflinching support and determination in educating and enlightening the public on the implementation of […]
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