Leave a comment and share The journey to generate and inject fresh fund into insurance companies kitties, would have ended yesterday, but for the court injunctions that suspended the initiative. Chuks Udo Okonta in this report examines what the exercise left behind for the sector in spite the suspension. Yesterday […]
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Guinea Insurance records N1.08bn gross premium written
Leave a comment and share Guinea Insurance Plc, held its 63rd Annual General Meeting (AGM) recently to transact its ordinary and special businesses and receive relevant approvals from its stakeholders. In accordance with set COVID-19 guidelines the AGM was held virtually to afford all stakeholders the same participatory rights as […]
Ilisan High School wins CIIN’s quiz competition
Leave a comment and share Chuks Udo Okonta Ilisan High School, Ogun State, has won the Chartered Insurance Institute of Nigeria (CIIN) secondary schools second edition, quiz competition. The competition took place today at the Ilisan Town Hall in Ogun State and was attended by dignitaries from all works of […]
Linkage Assurance delights claimants with N2.450bn in eight months
Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has paid N2.450 billion claims in the last eight months of 2021 to its numerous customers that suffered losses during the period under review. According to the figures made available by the Company, between January 2021 to August 2021, […]
90.21m informal sector workers await PFAs to embrace micro pension plan
Leave a comment and share Chuks Udo Okonta Of the 90.91 million workers in the nation’s informal sector, just over 70,000 of them have embraced the Micro Pension Plan (MPP), leave 90.21 million out, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that as at August […]
Allianz provides guide for businesses on political violence
Leave a comment and share Businesses in South Africa experienced major losses in July from physical damage, business interruption, and loss of revenue, looting, vandalism caused by civil commotion, protests and riots which resulted in about $3.4 billion in lost output and placed 150,000 jobs at risk. Political risks and […]
Afreximbank, AfCFTA announce operational roll-out of Pan-African payment, settlement system
Leave a comment and share Chuks Udo Okonta African Export-Import Bank (Afreximbank) and AfCFTA Secretariat have announced the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. By simplifying cross-border transactions and reducing […]
PenCom demands annual media campaign plan on micro pension from PFAs
Leave a comment and share Chuks Udo Okonta Two years after the launch of Micro Pension Plan (MPP) which presently has over 70,000 contributors, Pension Fund Administrators (PFAs) have been mandated to develop and forward an annual media campaign plan to drive subscription, to the National Pension Commission (PenCom) for […]
PenOp, LeapFrog Talent Accelerator hold leadership development session for pension executives
Leave a comment and share In recognition of the fact that the rapidly changing business environment requires transformational and effective leaders at all levels of the organisation, the Pension Fund Operators Association of Nigeria (PenOp) and the LeapFrog Talent Accelerator (an initiative launched by global impact investment firm, LeapFrog Investments) […]
37.09m employees await PFAs to embrace CPS
Leave a comment and share Chuks Udo Okonta Of the about 46.49 million employed persons working in the formal sector of Nigeria, just 9.4 million of them had subscribed to the Contributory Pension Scheme (CPS), leaving a whopping of 37.09 million of them out the scheme. Data obtained from World […]
