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World’s largest pension fund loses $165bn in first quarter 2020

By Shoko Oda and Shigeki Nozawa The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period. Japan’s Government Pension Investment Fund lost 11%, or 17.7 trillion yen ($164.7 billion), in the three […]
Insurer AXA says made investment portfolios greener in 2019

LONDON (Reuters) – French insurer AXA (AXAF.PA) said it reduced the temperature score of its investments in 2019, bringing them closer to alignment with the targets of the Paris Agreement on climate change. The so-called “warming potential” of its investments, a measure of their contribution to climate change, had fallen […]
Texas auto insurers sitting on windfall of up to $869m

By Amir Sadiq With COVID-19 driving down automobile activity, auto insurers in Texas could reap a windfall estimated between $606m and $869m, according to non-profit organisation Texas Appleseed (Appleseed). The organisation’s research has found that since March, weekly accidents in Texas declined by an average of 43%. However, about a […]
Retirees in FCT, four states get pension from CPS – PenCom

Leave a comment and share Chuks Udo Okonta Only four states and the Federal Capital Territory (FCT) are presently paying retirees through the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has said. PenCom stated this in a publication entitled: Status of Implementation of CPS in States as at […]
Re-thinking strategy, bracing up for recapitalisation

Adeleke Insurers have enough time to consider embracing the window of merger and acquisition. Irrespective of what the economy and pandemic are saying, operators should brace-up, re-think their strategy, refocus their plans and hit the ground running. Managing Director Lancelot Ventures Limited, Adebayo Adeleke

Pension

World’s largest pension fund loses $165bn in first quarter 2020
July 4, 2020
By Shoko Oda and Shigeki Nozawa The world’s biggest pension fund posted a record loss in the first three months of 2020 after [...]
Retirees in FCT, four states get pension from CPS – PenCom
July 2, 2020
Leave a comment and share Chuks Udo Okonta Only four states and the Federal Capital Territory (FCT) are presently paying retirees [...]
PFOs take succour in bank placement as pension assets soar to N10.58tn
June 9, 2020
Leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFOs) have taken succour in bank placement investment window [...]

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News

Ecobank Transnational Incorporated holds 32nd AGM as Shareholders approve resolutions
July 2, 2020
Leave a comment and share Chuks Udo Okonta Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the [...]
P+ Measurement Unveils Media Intelligence Report on Banking & Insurance Industries
June 23, 2020
Nigeria’s foremost Independent PR Measurement and Evaluation agency, P+ Measurement Services, unveils its maiden media [...]
Public Relations and Measurement experts to discuss PR Evaluation
June 18, 2020
Leave a comment and share Chuks Udo Okonta With the recent development in the media space in relation to the global pandemic [...]

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Papers

Recapitalisation of Nigerian Insurance Industry in Covid-19 Pandemic Era
June 15, 2020
Apere June 2020 By Dr. Pius Apere (PhD/FCII) (Actuarial Scientist and Chartered Insurer) Chairman /CEO Achor Actuarial Services [...]
Pandemic could spur 83m Americans to buy life insurance
May 28, 2020
By Anoop Khanna A recent survey by ValuePenguin found that worries over personal safety drive heightened interest in life [...]
Statement from Risk Managers Society of Nigeria on the COVID-19 Pandemic
May 22, 2020
Akalonu Risk Managers Society of Nigeria (RIMSON), is Nigeria’s premier Risk Management Professional Body. Established in [...]