Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed great concern over the declining participation of life companies in Retiree Life Annuity (RLA) business, which is considered as huge emerging opportunity for the industry. Retiree Life Annuity is pension benefit administered by life […]
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NAICOM profiles companies with huge unsettled claims for necessary regulatory action
Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is profiling insurance companies with huge unsettled claims for necessary regulatory action, the Commissioner for Insurance, Sunday Thomas, has said. He said this today at the 2020 insurance directors’ conference, organised by NAICOM and the College […]
REMARKS BY THE COMMISSIONER FOR INSURANCE, Mr. O. S. THOMAS AT THE 2020 INSURANCE DIRECTORS’ CONFERENCE HELD AT ORIENTAL HOTEL, VICTORIA ISLAND, LAGOS STATE ON NOVEMBER 24, 2020
Thomas REMARKS BY THE COMMISSIONER FOR INSURANCE, Mr. O. S. THOMAS AT THE 2020 INSURANCE DIRECTORS’ CONFERENCE HELD AT ORIENTAL HOTEL, VICTORIA ISLAND, LAGOS STATE ON NOVEMBER 24, 2020. Protocol, It gives me great pleasure to be here once again. The insurance Directors’ Conference is one of the avenues for […]
Photos: Faces at 2020 insurance directors’ conference in Lagos
Participants at the event. From left: Commissioner for Insurance, Sunday Thomas and President, Chartered Insurance Institute of Nigeria, Sir, Muftau Oyegunle at the event. Participants at the event. Participants at the event. From left: Managing Director/Chief Executive Officer, AIICO Insurance Plc, Babatunde Fajemirokun and Rector, College of Insurance & Financial […]
Pension fund investments generate N816.84bn interest, coupon in 2019
*Dividend of N35.43bn Leave a comment and share Chuks Udo Okonta Investments of pension funds assets by pension fund operators into Fund I, Fund II and Fund III, generated N816.84 billion interest and coupon in 2019, while dividend received stood at N35.43 billion, Inspenonline can report. Data obtained from the […]
Premium Pension courts Bauchi State on contributory pension scheme
Chairman Board of Directors, Ibrahim Alhassan Babayo presenting a souvenir item to the Governor of Bauchi State Senator Bala Mohammed while the MD/CEO Umar Sanda Mairami is watching with keen interest at the event. Leave a comment and share Chuks Udo Okonta Determined to strengthen its leadership position in the […]
New regulations to spur growth of life insurance in UAE
Leave a comment and share New regulations passed by the Insurance Authority last month are expected to increase life insurance coverage in the UAE, which currently has very low take-up rates, industry stakeholders say. “Life insurance penetration is very low in the UAE. In 2018, it was 0.67 per cent. […]
Insurance, pension sectors need investment professionals, robust data to thrive – Experts
From left: Nona Awoh, notable financial analyst/Resource person; Chuks Okonta, Chairman, National Association of Insurance and Pension Correspondents (NAIPCO), and Lekan Otufodunrin, Executive Director, Media Career Development Network/resource person, during the NAIPCO training workshop at NCRIB building in Lagos. Leave a comment and share Chuks Udo Okonta Proper Investment plan, […]
VFD Group Nominated for two awards at the 2020 BAFI
Okpala Leave a comment and share Financial and investment bouquet services company VFD Group Plc, has been nominated in two categories in the forthcoming BusinessDay Banks’ And Other Financial Institutions (BAFI) Award. Incorporated eleven years ago, VFD Group holds businesses in financial advisory, real estate, asset management, currency exchange, debt […]
Lloyd’s of London sees global pandemic insurance losses exceed $107bn
Leave a comment and share Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had previously estimated, its Chairman Bruce Carnegie-Brown said on Wednesday. Carnegie-Brown told the Reuters Events Future of Insurance USA conference that pandemic-induced losses will be on […]
