From left: Deputy President, Nigerian Council of Registered Insurance Brokers, Shola Tinubu; Guest Speaker, Hakeem Ogunniran, NCRIB President, Kayode Okunoren; Chairman, Board of Fellows, Barrister Laide Osijo, and NCRIB Vice President, Mrs. Bola Onigbogi at the 2017 Fellows’ Day of NCRIB held at Umutu Restaurant, Victoria Island, Lagos.
New rules governing MPs pension funds were introduced recently Gwede Mantashe. Picture: PUXLEY MAKGATHO It is unlikely that axed members of President Jacob Zuma’s Cabinet resigned as MPs to preserve their lucrative pensions, after new rules governing their pension funds were introduced recently. Last week, ANC secretary-general Gwede Mantashe hit out at former ministers who […]
By Muyiwa Adeyemi A retired soldier, Olayode Samuel, has been killed by some persons suspected to be prostitutes after dispossessing him of his pension. The retired soldier was said to be running a brothel in Odo Owa community in Ijero Council of Ekiti State. A source said the suspected prostitutes tied the retired soldier to […]
From left: Head, Technical & Risk Management Division, Cornerstone Insurance Plc, Martins Uwuilekhue and Group Managing Director/Chief Executive Officer, Ganiyu Musa at the event. By Sunday Michael Ogwu The Group Managing Director of Cornerstone Insurance Plc, Mr Ganiyu Musa, has attributed the slow penetration of Takaful Insurance in the country to low level awareness. The […]
The latest South African Customer Satisfaction Index (SAcsi) for Short-Term Insurers, conducted by Consulta, reports that South African short-term insurance customers are the most satisfied with Santam’s offerings. With an overall SAcsi score of 81.3, Santam is well above the industry average of 75.8. It is the only insurer to consistently improve its score over […]
Great Nigeria Insurance Plc * FY pre-tax profit 249.5 million naira versus loss of 60.6 million naira year ago * FY gross written premium 3.12 billion naira versus 2.79 billion naira year ago Source text ID: (bit.ly/2nEJCFY) Further company coverage: Reuters
New figures released today from PwC’s Skyval Index show the deficit of defined benefit (DB) pension funds stood at £500bn at the end of March 2017, a £20bn decrease since last month. PwC’s Skyval Index, based on the Skyval platform used by pension funds, provides an aggregate health check of the UK’s c.5,800 DB pension […]
By ZAKA KHALIQ and OLUSHOLA BELLO,Lagos The 26 listed insurance companies on the floor of Nigerian Stock Exchange(NSE) have paid a monetary fines running into N100 million to the Exchange and the National Insurance Commission(NAICOM) for violating the financial account submission deadline in the last five years between 2012 to 2016 financial year, Sunday LEADERSHIP […]