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Pension

PFAs invest N5.31trn in FG securities

Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) as at May this year have invested N5.31 trillion out of the N6.73 trillion pension assets in Federal Government’s securities, the National Pension Commission (PenCom) has said. Data obtained from PenCom stated that 73.63 per cent of the […]

Insurance

Sovereign Trust Insurance grows balance sheet to N9.5bn

Chairman , Sovereign Trust Insurance Plc, Mr. Oluseun O. Ajayi, MD/CEO, Olaotan Soyinka and Executive Director, Marketing and Business Development, Ugochi Odemelam at the 22nd Annual General Meeting of Sovereign Trust Insurance Plc held in Lagos. Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has grown […]

Pension

Pension assets rise to N6.7tn

Nike Popoola The total assets under the Contributory Pension Scheme rose to N6.7tn as of the end of May, this year. Figures obtained from the National Pension Commission on Friday showed that 73.14 per cent of the total funds had been invested in the Federal Government of Nigeria’s securities. The […]

Insurance

General business insurers face dwindling gross premium income

Leave a comment and share Chuks Udo Okonta Insurance companies underwriting general business are presently contending with dwindling Gross Premium Income (GPI), Inspen can report. According to a report obtained from the Nigerian Insurers Association (NIA), operators underwriting general business, wrote a gross premium income of N187.42 billion in 2013, […]

Insurance

NAICOM experiments RBS with 10 insurance companies

From left: Chairman, Nigerian Insurers Assocition and Deputy President, Chartered Insurance Institute of Nigeria, Eddie Efekoha; Commissioner for Insurance Mohammed Kari and Governor of Ogun State, Ibikunle Amosu at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) would soon begin the experimentation of […]

Papers

KEYNOTE ADDRESS BY MOHAMMED KARI, COMMISSIONER FOR INSURANCE AND CHIEF EXECUTIVE, NATIONAL INSURANCE COMMISSION (NAICOM) AT THE 2017 PROFESSIONAL FORUM OF CIIN HELD AT PARK INN HOTEL, ABEOKUTA, OGUN STATE ON THURSDAY, SEPTEMBER 21, 2017

KEYNOTE ADDRESS BY MOHAMMED KARI, COMMISSIONER FOR INSURANCE AND CHIEF EXECUTIVE, NATIONAL INSURANCE COMMISSION (NAICOM) AT THE 2017 PROFESSIONAL FORUM OF CIIN HELD AT PARK INN HOTEL, ABEOKUTA, OGUN STATE ON THURSDAY, SEPTEMBER 21, 2017 Protocol It is my pleasure to address you this morning on the occasion of this […]

Insurance

NAICOM to sack insurance managing directors over unpaid claims

From left:Commissioner for Insurance Mohammed Kari; Governor of Ogun State, Ibikunle Amosu and President of the Chartered Insurance Institute of Nigeria, Funmi Babington-Ashaye at the event. .To defray claims from firms’ statutory deposit Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) says it is working […]