Kindly leave a comment and share Chuks Udo Okonta Having successfully implemented increase of motor third party premium from N5,000 to N15,000 for three months and 21 days, stakeholders in insurance industry, have applauded National Insurance Commission (NAICOM) for not caving in to pressures to rescind the policy. According to […]
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PenCom pledges to keep annual pension fund returns above headline inflation
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said efforts are being made to ensure average annual pension fund returns for Retirement Savings Account (RSA) and legacy funds exceed headline inflation. The Director-General, PenCom, Mrs. Aisha Dahir-Umar, disclosed this in the fourth quarter 2022 […]
Sanlam General Insurance posts N11.4bn GWP, pays N3.1bn claims in 2022
Kindly leave a comment and share Sanlam General Insurance Nigeria Limited, a Pan-African brand with rich history and heritage has posted a Gross Premium Written (GPW) of N11.4 billion and paid N3.1 billon in claims in 2022. This is according to the company’s latest financial report. This feat marks another […]
Insurance providing succour to Nigerian vehicle owners, amid soaring cost
As many Nigerians grapple with challenges, occasioned by the economic situation, insurance has remained a major source of succour to those who embraced it. Chuks Udo Okonta, in this report writes on how insurance is helping vehicle owners, amid soaring cost of acquiring either new or used ones. Buying a […]
Allianz Global report 2023 places Nigerian pension system at bottom of global rankings
*No respite: The aging of societies continues at an unabated pace – despite Covid 19 *Busy standstill: Pension systems worldwide resemble a large construction site with no prospect of completion – although only a few countries are prepared for the coming demographic changes *Rethink: Society’s reassessment of work is the […]
Leadway successfully contains hackers’ attempt to breach network
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Limited said it detected a potential threat to its network and has promptly deployed mitigation measures to contain the cyber attack. The firm in a statement noted that its preliminary investigation into the criminal intrusion indicates that the attack […]
Gontor of NCC honoured by northern youth organisation
Kindly leave a comment and share Director of Financial Services at the Nigerian Communications Commission (NCC), Yakubu Gontor, has been honoured the Northern Youth Council of Nigeria (NYCN) for his exemplary professional conduct. NYCN is the umbrella body of youths across the 19 northern states including the Federal Capital Territory […]
PFOs cautiously invest in real estate, as residential mortgage policy gradually gains traction
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Operators (PFOs) seemed be to cautiously investing in real estate properties as Retirement Savings Account (RSA) holders are gradually showing interest in the pension residential mortgage policy recently enacted by National Pension Commission (PenCom). Findings by Inspenonline revealed that […]
17 Tony Elumelu creative storytellers receive $30,000 fund from Heirs Insurance, Heirs Life
Kindly leave a comment and share Chuks Udo Okonta Leading insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) in partnership with Africa No Filter (ANF), have announced seventeen (17) young creatives across Africa as the recipients of the USD30,000 Tony Elumelu Storytellers Fund, a Corporate social responsibility […]
NSIA Insurance revamps health product
Kindly leave a comment and share NSIA Health Insurance in collaboration with one of the largest health insurers – Hollard, has launched their upgraded Health Insurance Plan with more benefits. A statement from the underwriting firm said the product caters to companies looking to insure their key resources, and doubles […]
