insurance and pension news
Saturday, November 16, 2024
Kindly leave a comment and share Insurers’ gross premiums from motor business rose by 14.1% to KES53.9bn ($398m) in 2022 compared to 2021 as insurers increased premium rates by as much as 50%, according to data from the Insurance Regulatory Authority (IRA). The higher annual premiums served to partially trim […]
Kindly leave a comment and share The Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC), Professor Umar Danbatta will deliver the keynote Address at the SUPERNEWS Nigeria Conference coming up on Thursday, April 27, 2023 at Radisson Hotel, GRA, Ikeja, Lagos. Time is 10.00am prompt. The event would be Chaired by the Commissioner […]
Kindly leave a comment and share The 2023 edition of the Awards ceremony is set to spotlight SMEs, women and gender. A new category has been introduced to recognize efforts towards bolstering financial inclusion of women across the continent. 24 April 2023, London: African Banker magazine has announced today the […]
The Managing Director/Chief Executive Officer of Leadway Assurance, Tunde Hassan-Odukale, has cautioned Nigerians not to ignore the early warning forecast by the relevant weather monitoring and emergency management agencies about this year’s rainfall and flooding expectations. Like last year, the Nigeria Meteorological Agency (NiMET) issued a grim forecast. “2023 will […]
Kindly leave a comment and share To assemble competent professionals with in-depth knowledge, technical capacity, and requisite hands-on years of experience, has been argued, should be the takeoff point towards establishing a good and reliable insurance firm. These factors, it is admitted, should ordinarily guide an individual who walks into […]
Kindly leave a comment and share Chuks Udo Okonta Determined to increase number of Retirement Savings Account (RSA) holders in Contributory Pension Scheme (CPS) and Micro Pension Plan, National Pension Commission (PenCom) said it conducted 54 sensitisation/enlightenment workshops across the country, in fourth quarter 2022. According to PenCom, five sensitisation/enlightenment […]
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 […]
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 […]
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 […]
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 […]
