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Pension

PenCom strengthens risk management of PFAs with N100bn FUM

Leave a comment and share The National Pension Commission (PenCom) in a bid to ensure sufficient oversight and supervision of risk management processes, has directed Risk Management Departments of all Pension Fund Administrators (PFAs) with Funds Under Management (FUM) of N100 billion and above to report directly to the Managing […]

Insurance

South African Insurance Bill signed into law

On 17 January 2018, the President of the Republic of South Africa signed the Insurance Bill into law. Inter alia, the now Insurance Act, 2017, provides a consolidated legal framework for the prudential supervision of the insurance sector that is consistent with international standards for insurance regulation and supervision, and […]

Insurance

Insurance agents to explore opportunities in microinsurance

Leave a comment and share Chuks Udo Okonta Insurance agents hope to collectively examine the recently released revised guideline on microinsurance and determine how to maximize opportunities therein. The Chairman in Council, Association of Registered Insurance Agents of Nigeria (ARIAN) Gbadebo Olameru, told this medium that the body will sit […]

Insurance

CHI rights issue attains 100.09% success

Efekoha Leave a comment and share Chuks Udo Okonta Shareholders of foremost Insurer, Consolidated Hallmark Insurance (CHI plc) have affirmed their full support for, and confidence in the operations of the organisation with a 100.09 per cent subscription of the recent Rights Issue that set out to raise N500 million […]

Insurance

Microinsurance creates opportunities for retired insurance professionals- Experts

Leave a comment and share Chuks Udo Okonta The revised microinsurance guideline recently issued by the National Insurance Commission (NAICOM) has opened doors of opportunities for retired and retiring insurance professionals, experts have said. According to them, the categorization of the microinsurance business would enable the professionals, especially managing directors […]