insurance and pension news
Thursday, November 14, 2024
Kindly leave a comment and share Chuks Udo Okonta The school alumni of Joe Osaro was burdened by regular financial contributions for burial of deceased members. Having spent much on contributing for families of deceased members, Osaro, who had formerly worked in an insurance company, introduced life insurance policy to […]
Kindly leave a comment and Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that it has reached a monumental milestone by successfully crossing the ₦1 trillion asset under management threshold. This accomplishment serves as a testament to Stanbic IBTC Asset Management’s dedication to innovation, […]
Kindly leave a comment and share African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which will house the Bank’s headquarters, along with other trade-supporting facilities and entities, in Egypt’s new administrative capital in Cairo. The […]
Kindly leave a comment and share An increase in the number of uninsured vehicles on South African roads diminishes the likelihood of recoveries from third parties, says global insurance broker Aon in its “Insurance State of the Market 2023” report. In a section of the report commenting on market trends […]
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226 per cent jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9 billion for the financial year ended December 31, 2022. With […]
Kindly leave a comment and share Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and member of the Sanlam Pan African group, has opened a new Sales Outlet at 2, Wemco Road, Agidingbi, Ikeja, Lagos to particularly aid ease of access to her motor insurance plans. A statement by […]
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, said it has successfully paid N216.863 million to 14 Retirement Savings Account (RSA) holders who have applied to access 25 per cent of their pension savings as equity contributions for residential mortgage A statement by the firm’s Head, […]
Kindly leave a comment and share Chuks Udo Okonta One thing common among rich people is the fear of falling into poverty. This is why most of them don’t joke with insurance, which serves as a means to prevent poverty. From interactions with some well to do individuals, I observed […]
* 4,487 pension clearance certificates issued in Q1 2023 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said it is illegal for employers and companies to use touts and agents to obtain the pension clearance certificates (PCC). A statement issued by PenCom today, […]
Kindly leave a comment and share Chuks Udo Okonta There are fears over the future of Nigeria’s insurance agency network, as available data revealed that about 8,300 agents have left the industry in recent time. Data obtained from the website of Nigerian Insurers Association (NIA) showed that before now the […]
