Kindly leave a comment and share Chuks Udo Okonta The Managing Director, Anchor Insurance Company Limited, Ebose Augustine Osegha, has bagged Insurance CEO of the Year award in Lagos CEO Awards event organised by Kijani Media Communications. In a letter signed by the Head Jury/Convener, Amb. Ayo George and received […]
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Sanlam Life, Unitrust, NSIA Insurance, 590 other firms get PenCom nod for govt’s business
Kindly leave a comment and share Chuks Udo Okonta Having contributed and remitted pension contributions for their employees in 2022, Sanlam Life Insurance Nigeria Limited; Unitrust Insurance Company Limited and NSIA Insurance Limited have been granted permission by National Pension Commission (PenCom) to execute federal government businesses. The three outstanding […]
N1.98tn pension fund invested to support businesses
Kindly leave a comment and share Chuks udo Okonta Pension Fund Operators (PFOs) have continued to support businesses as they invested N1.98 trillion in banks through money market instruments, of which the fund would have been given as loads to aid business owners. Data obtained from the National Pension Commission […]
How NAICOM tried to save Niger Insurance, Standard Alliance – Thomas
* Companies don’t fail, people kill companies Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Sunday Thomas, has given more insight on how the National Insurance Commission (NAICOM) worked assiduously to save Niger Insurance Plc and Standard Alliance Insurance Plc from failing by providing them […]
NAICOM drums benefits of new vehicle third party premium in one-week Rivers State insurance education campaign
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is leveraging its ongoing one-week insurance education and sensitisation programmes in Portharcourt, Rivers State, to promote compulsory insurance, and drums benefits of recently approved vehicle third party insurance premium and claim regime. The Head of Corporate […]
159.91m informal sector workers shut out of micro pension plan as PFAs register 89,327
Kindly leave a comment and share Chuks Udo Okonta A whopping 159.91 million informal sector workers in the country are yet to be convinced by Pension Fund Administrators (PFAs) to embrace the Micro Pension Plan (MPP) at a time only 89,327 of them have been registered as at December 2022 […]
NAICOM eyes 2024 for implementation of risk-based recapitalisation
* Targets N1 trillion premium by 2024 Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) seems to be looking towards year 2024 for the implementation of risk-based recapitalisation that will enable each insurance company underwrites risks based on their capital. The Commissioner for Insurance, […]
Newly registered insurance companies now amongst top leading 20 – NAICOM
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Sunday Thomas, has said the National Insurance Commission (NAICOM) took a right decision in registering four insurance companies and a reinsurance firm as available result revealed that some of them were in the top 20 out of […]
Stanbic IBTC Trustees gives Nigerian parents access to securing children academic future
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Trustees Limited, through the Stanbic IBTC Education Trust (SET), has made assisting Nigerian parents and guardians secure their children and ward’s academic future one of her top priorities. SET is a flexible and easy investment plan with long-term benefits […]
Brokers contribute 60% insurance premium – NIA
Kindly leave a comment and share Chuks Udo Okonta Insurance Brokers contributed 60 per cent of insurance business in Nigeria in 2021, affirming the market as Brokers’ dominated. Giving this disclosure, the Director General of the Nigerian Insurers Association (NIA), Mrs. Yetunde Ilori stated that out of the 60 per […]
