Photos: NIA Accounting Technical Committee donates gifts to Orphanages

PFAs register 11,228 micro pension plan participants in 2021

Kindly leave a comment and share Chuks Udo Okonta Micro Pension Plan (MPP) is gradually gaining traction as Pension Fund Administrators (PFAs) registered a total of 11,228 participants in year 2021. According to National Pension Commission (PenCom), the figure brought cumulative number of MPP participants registered between March 2019 and […]

95% of insurers upload data on NAICOM portal within one month

Kindly leave a comment and share Chuks Udo Okonta Presently, 95 per cent of insurance operators upload their data on National Insurance Commission (NAICOM) portal within one month, Inspenonline can report. Deputy Commissioner Technical, NAICOM, Sabiu Abubakar, disclosed this at an event in Lagos, adding that the commission is optimistic […]

Insurance broker pays $900 claims for underwriter

Kindly leave a comment and share Chuks Udo Okonta An insurance broker has narated how his company paid $900 claims on behalf of an underwriting firm which failed to honour its responsibility. The broker implored insurance companies to do more to change the mindset of the populace on insurance from […]

Insurers pay about 81.4% of claims reported in Q1 2022 – NAICOM

Kindly leave a comment and share Chuks Udo Okonta Insurance companies paid about 81.4 per cent of all claims reported during the first quarter of this year, the National Insurance Commission (NAICOM), has said. The Deputy Commissioner, Technical, NAICOM, Sabiu Abubakar, disclosed this at an event organised recently by the […]