Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) will henceforth be liable and pay from their statutory reserve fund in the event of payment of death benefits to wrong beneficiaries, the National Pension Commission (PenCom) has warned. PenCom stated this in a circular entitled: ‘Addendum to […]
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UK car insurance premiums fall 1% in Q3 – survey
The cost of a comprehensive motor insurance policy in Britain fell 1% in the third quarter, pushed down by uncertainty from the personal injury discount rate change in July and the market watchdog’s interim report on general insurance pricing practices, a survey showed. The average premium for a comprehensive policy […]
RIMSON holds national confab, invests Akalonu as 6th president
Akalonu Leave a comment and share Chuks Udo Okonta Risk Managers Society of Nigeria (RIMSON) is set to hold its National Risk Management Conference on Wednesday, 23rd and Thursday, 24th October, 2019 at the Oriental Hotel, Victoria Island, Lagos. A statement by RIMSON’s Media Consultant, Joseph Obah, stated that the […]
Royal Exchange posts N14.7bn gross written premium in 2018
From left: Ms. Sheila Ezeuko, Company Secretary/Group Head, Legal Services, Royal Exchange Plc; Kenneth Odogwu, Chairman, and Wale Banmore, Acting Group Managing Director, at the event in Lagos. Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, has said it generated […]
Photo: Faces at FBNInsurance Limited cheque presentation to Benola in commemoration of 2019 World Cerebral Palsy day
From left: Head, Human Resources, FBNInsurance Limited, Cathy Sanni; Deputy Director, Benola, Dayo Gbadebo; Chief Technology Officer, FBNInsurance Limited, Rivers Khumalo; Executive Director, Finance & Admin, FBNInsurance Limited, Festus Izevbizua at the cheque presentation to Benola- A Cerebral Palsy Initiative in commemoration of the 2019 World Cerebral Palsy Day.
6 Best Mobile Phone Insurance in UK
By Gratian In this modern world, smartphones have become an important aspect of our lives. We depend on these devices so much, personally and professionally. However, despite their advances, smartphones are still susceptible to various risks such as damage, theft and loss, to name a few. This is why there’s […]
Photo: NAICOM, CBN meet over attainment of set objectives for financial inclusion
Meeting between Acting Commissioner for Insurance, NAICOM Sunday Thomas and Deputy Governor, Central Bank of Nigeria (CBN) Aishah Ahmad on attainment of set objectives for financial inclusion by both Regulators.
LASACO Insurance receives shareholders nod to raise N10b
From left: Managing Director/Chief Executive Officer, Segun Balogun; Chairman, Mrs. Aderinola Disu and Company Secretary, Mrs. Gertrude Olutekunbi at the event. * Pays 5k dividend Leave a comment and share Chuks Udo Okonta LASACO Insurance Plc has been granted approval by its shareholders to shop for N10 billion capital through […]
Universal Insurance disowns ‘Standard Payment Investment’ Scheme
Ujoatuonu Leave a comment and share Chuks Udo Okonta The management of Universal Insurance Plc has disassociated the Company from the “Standard Payment Investment Scheme” currently circulating in some social media platforms and elsewhere, purporting to collaborate with Universal Insurance in its bid to extort money from unsuspecting members of […]
South African insurance companies are watching what you post on social media
South Africans should be wary of what they publish on social media as their posts are being tracked by insurance companies. Vera Nagtegaal, executive head of Hippo.co.za, says people are very open on social media without thinking about the reach or implications of what they are posting. “Insurance companies are […]
