Sogelola Law Union and Rock Insurance Plc. has notified the Nigerian Stock Exchange (NSE) and the investing public of the appointment of Olasupo Sogelola as an Executive Director (Operations/Technical). The appointment has been approved by the National Insurance Commission (NAICOM)Inspen can report. Sogelola is an accomplished Executive who has over […]
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Lagos harps on efficient pension administration
Governor Ambode Pension administration in Nigeria has been haphazardly handled over the years, resulting in huge pension arrears and the subjection of pensioners to untold hardship, Lagos State Governor, Akinwunmi Ambode, has said. According to him, this calls for reforms across board on pension matters, stressing that Lagos State Government […]
Insurers in Nigeria advised against reliance on brokers
By Marianne Lehnis The tendency for most insurance brokers to focus on big ticket government business is responsible for the low level of insurance penetration in the country, the Executive Vice Chairman of Insurance Brokers of Nigeria, (IBN), Prosper Okpue, said in an interview with Financial Vanguard. The IBN executive […]
Lagos State pays N740m accrued pension rights to 255 retirees
Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government has disbursed N742 million to 255 retirees in the month of August, 201, Governor Akinwunmi Ambode, has said. The Governor, who was represented by the Commissioner for Establishments, Training and Pensions, Dr. Akintola Benson Oke at the […]
Brokers eye software to enhance regulatory compliance
From left: President of the Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren; Managing a Director Zenith-Prudential Insurance Life Limited, Chuks Igumbor; Yeside Kazeem of Prudential and Managing Director Zenith Insurance Company Limited, Ebelechukwu Nwachukwu at an event. Leave a comment and share Chuks Udo Okonta The governing board […]
Allianz acquires Ensure Insurance Plc
Leave a comment and share Chuks Udo Okonta • Allianz now present in 17 countries across Africa • Acquisition in line with Allianz’s growth ambition in Africa • Pending regulatory approvals, transaction expected to close end of 2017 Allianz Group announced today a binding agreement to acquire 98 percent of […]
SPEECH DELIVERED BY THE PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS, MR. EMMANUEL KAYODE OKUNOREN, FIIN, FCIB AT THE AUGUST 2017 EDITION OF NCRIB MEMBERS’ EVENING
From left: President of the Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren; Managing a Director Zenith-Prudential Insurance Life Limited, Chuks Igumbor; Yeside Kazeem of Prudential and Managing Director Zenith Insurance Company Limited, Ebelechukwu Nwachukwu at the event. SPEECH DELIVERED BY THE PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED […]
Pension Liabilities Of 20 States Hit N200bn
By ZAKA KHALIQ 20 states out of the 36 states of the federation owe their workers as well as retirees about N200 billion pension liabilities, LEADERSHIP findings have reveal. This is even as about 28 states have been struggling to adopt the new pension scheme. While most of the states […]
IEI Anchor Pensions wins best innovative award
Leave a comment and share Chuks Udo Okonta IEI-Anchor Pensions Managers Limited has won Africa’s Best Innovative Pension Fund Administrator (PFA) of the year 2017. The award from Developments in Africa Merit Awards, was received on behalf of the Company by Femi Onoru the Company Secretary/Legal Adviser. In her acceptance […]
Law Union & Rock Insurance records N2.76bn gross premium in half year
From left: Head Legal/Admin & Company Secretary, Law Union & Rock Insurance Plc, Stanley Chikwendu; Head Enterprise Risk Management, Monday Utomwen; Chief Marketing Officer, Steve Ajudua; Managing Director/Chief Executive Officer, Jide Orimolade; Chief Financial Officer, Olabisi Olayiwola; Head Information and Communications Technology, Boluwatife Ajewola and Head Internal Control/Audit Habib Emmanuel […]