Leave a comment and share Chuks Udo Okonta Unitrust Insurance Company Limited has secured the approval of the National Insurance Commission (NAICOM) to underwrite agricultural risks in 2022. A statement by the firm’s Head, Corporate Communications, Swachet Iliyasu, said the ‘no objection’ nod will enable the organisation to support farmers […]
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PTAD to manage DBS pensioners up to next 40 years
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has said it would take about 35 to 40 years before the last pensioner under the Defined Benefit Scheme (DBS) passes on. PTAD stated this in a document obtained by Inspenonline, adding that it is highly […]
Only four states faithfully remitting workers’ pension contributions – PenCom
Leave a comment and share Chuks Udo Okonta Lagos, Kaduna, Edo and Benue are the only four states faithfully remitting their workers pension contributions, the National Pension Commission (PenCom) has said. PenCom stated this in its status of implementation of the Contributory Pension Scheme (CPS) by states, adding that the […]
African Alliance awards life cover to Bala Augie, Editor of Money Central Newspaper
* To host NCRIB South-South Area Committee Leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc, has presented the star prize of a year-long Term Assurance Plan won at the raffle draw held during her hosting of the Nigerian Council of Registered Insurance Brokers (NCRIB) Members’ Evening […]
Pension fund assets soar to N13.61tn in January 2022
Leave a comment and share Chuks Udo Okonta The pension fund assets had paccelerated to N13.61 trillion as at January 31, 2022, the National Pension Commission (PenCom) has said. PenCom stated this in an unaudited report on pension funds industry portfolio for the period ended January 31, 2022, published on […]
PTAD renews commitment to wellbeing of 229,326 pensioners on payroll
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has once again reiterated its commitment to the wellbeing of 229,326 pensioners it is presently paying their monthly pension benefits. The Executive Secretary of the Directorate, Dr. Chioma Ejikeme, said this today at a training workshop […]
Photos: Faces at ongoing PTAD one day capacity building for NAIPCO members in Lagos
NAICOM to sanction firms not uploading documents on portal
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed misgivings over some insurance companies failure to upload their documents on its regulatory portal, vowing to sanction them. The Commissioner for Insurance Sunday Thomas, said this at an event in Lagos, stressing that though the […]
Dearth of capable personnel for managing director position hits insurance firms
Leave a comment and share Chuks Udo Okonta Getting capable and qualified personnel to occupy existing managing director positions is posing a challenge for insurance companies, Inspenonline can report. Though, in recent time, some companies have attracted few good hands, investigations showed that there still lies a big gap in […]
NCRIB President harps on measures to stem building collapse
Leave a comment and share Chuks Udo Okonta The President, Nigerian Council of Registered Insurance Brokers, Rotimi Edu, has lent his voice to the topic of disastrous building collapse in Nigeria. The NCRIB President made his views known in a lecture, titled, “Insurance for Architect and Professionals”, during the February […]