Leave a comment and share Chuks Udo Okonta An aggrieved group has accused the Commissioner for Insurance, Mohammed Kari of using the Tier-Based Minimum Solvency Capital (TBMSC) policy to court Federal Government’s favour in renewing his tenure as the helmsman of the National Insurance Commission (NAICOM) and insurance industry regulator. […]
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ALLIANZ TO BECOME WORLDWIDE OLYMPIC INSURANCE PARTNER
Olympic Movement joins forces with Allianz as trusted partner Ambition to use the power of sport to connect with new audiences via digital channels. The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the ”Worldwide Olympic Partner” (TOP) Programme in 2021. Through this sponsorship agreement, […]
15 States implement key provisions of CPS – PenCom
Mrs Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta 15 States in the federation have commenced implementation of key provisions of the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has said. The pension regulator noted that 24 states have enacted laws and domesticated the Pension Reforms […]
Underwriters besiege brokers with anticipated tier-based positions
From left: Executive Secretary of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Fatai Adegbenro; Council Member, Nigerian Insurers Association, Mr. Edwin Igbiti; NCRIB Deputy President, Mrs. Bola Onigbogi; NIA Chiarman, Mr. Tope Smart; NCRIB President, Mr. Shola Tinubu; NIA Director General, Mrs Yetunde Ilori; Deputy Chairman, NIA, Mr. […]
PenCom works on guideline to ease voluntary pension contributions
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has heeded to demands of most employees who desire to make voluntary pension contributions, but are constrained by the policy which requires that such contributions be made through employers. Finding revealed that most employees who employers are […]
PenCom watches NAICOM’s tier-based policy on annuity with keen interest
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) is closely monitoring the Tier-Based Minimum Solvency Capital (TBMSC) introduced by the National Insurance Commission (NAICOM) to ensure the safety of pension annuity business presently in the hands of some Life Insurers. A source at the PenCom […]
De-market lose licence, NAICOM warns underwriters
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has warned that underwriters that would engage on discrimination or inferior/superior adjectives in the Tier-Based Minimum Solvency Capital (TBMSC) regime would lose their operational licences. The Director, Supervision, NAICOM, Barineka Thompson, who said this at the 2018 […]
NIA Chairman to boost industry’s image
*Sets 5-point agenda Past Chairman, Nigerian Insurers Association, Eddie Efekoha; Chairman, Tope Smart and past Chairman, Godwin Wiggle at the event. Leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA) Tope Smart, has pledged to redeem insurance sector image and position it to contribute maximally […]
TBMSC: NAICOM yet to be served court restrained order
From left: Director, Admin and Human Resources, National Insurance Commission, Adamu Balanti, Director, Authorization and Policy, Leo Akah and Commissioner for Insurance, Mohammed Kari at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said it is yet to receive an order issued […]
KEYNOTE ADDRESS DELIVERED BY MR. M. K. AHMAD, AT THE CONFERENCE OF DIRECTORS OF LICENSED PENSION OPERATORS IN NIGERIA, THEMED: CONSOLIDATING THE NIGERIAN PENSION INDUSTRY THROUGH SUSTAINABLE INVESTMENT AND EXCELLENCE IN CORPORATE GOVERNANCE PRACTICES, HELD AT THE RADISSSON BLU, IKEJA, LAGOS ON 11 SEPTEMBER, 2018
Ahmad KEYNOTE ADDRESS DELIVERED BY MR. M. K. AHMAD, AT THE CONFERENCE OF DIRECTORS OF LICENSED PENSION OPERATORS IN NIGERIA, THEMED: CONSOLIDATING THE NIGERIAN PENSION INDUSTRY THROUGH SUSTAINABLE INVESTMENT AND EXCELLENCE IN CORPORATE GOVERNANCE PRACTICES, HELD AT THE RADISSSON BLU, IKEJA, LAGOS ON 11 SEPTEMBER, 2018 Protocols I am pleased […]
