Lesetja Malope Mutual and Federal is now known as Old Mutual Insure The oldest short term insurer in the country, Mutual and Federal, has officially changed its name to re-align itself with its holding company and hopefully increase its market share. The company is now known as Old Mutual Insure, […]
Author: admin
Continental Reinsurance grosses N22.41bn in 2016
Oyetunji Leave a comment and share Chuks Udo okonta Continental Reinsurance Plc has announced its 2016 audited year-end results which show an increase of 60% in profit before tax from N2.92billion in 2015 to N4.65billion. Gross premium income at N22.41billion is 14% higher than the N19.74billion reported in 2015. In […]
Photo: Faces at Farewell Party for Ojeah by FBN Insurance Brokers in Lagos
From left: Marketing Department,IGI; Mrs Assumpta Udoh; Chairman, Nigerian Insurers Association Eddie Efekoha and former Managing Director, FBN Insurance Brokers, Fidelis Ojeah at the Farewell Party for Ojeah by FBN Insurance Brokers in Lagos
NPA Retirees Stage Protest Over Unpaid Pension Arrears
Hadiza-Bala-Usman Hundreds of retirees of the Nigerian Ports Authority (NPA) on Wednesday staged a protest at the Marina Headquarters of the organisation over what they called non-payment of their enhanced pension benefits. The protesters had converged on the towering office in the morning, carrying placards with various inscriptions such as […]
PHOTO: Customs DG, Ali at N’Assembly in mufti
Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang; and the Comptroller General, Nigeria Customs Service, Col. Hameed Ali (retd.), at the National Assembly Complex ahead of Ali’s appearance before the Senate on Thursday Punch
Photo: Faces at First Bank Agric Expo in Lagos
From left: Chief Operating Officer, FBNInsurance, Johan Schalkwyk; Group Executive, Retail Banking Group, Lagos and West, First Bank Nigeria, Tunde Owolabi; MD/CEO, FBN General Insurance, Bode Opadokun and Group Head, Business Development, FBN General Insurance, Shola Osho at the First Bank Agric Expo recently held in Lagos.
South Africa: Credit Life Insurance Regulations to Come Into Effect in August
Pretoria — The credit life insurance industry has until August 2017 to align with the final Credit Life Insurance Regulations, the Department of Trade and Industry (dti) said on Tuesday. Issuance of the regulations is a sequel of Parliament’s and Cabinet’s decision that household over-indebtedness should be curbed. Trade and […]
Old Mutual to list R110bn firm
The new locally based business will be part of the group’s separation By HILARY JOFFE Trevor Manuel. Picture: SUNDAY TIMES The South African-based emerging markets business Old Mutual will list on the JSE in 2018 as part of its managed separation could ultimately be worth R100bn to R110bn, making it […]
Adeosun Intervenes In NAICOM/PENCOM Dispute Over Annuity Assets
Adeosun The Minister of Finance, Mrs. Kemi Adeosun, has intervened and brokered a resolution to the dispute between the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) over a circular issued by PenCom directing life insurance companies to transfer their annuity asset holdings to Pension Fund Custodians (PFCs). […]
NIA Assures Claims Settlement Within 90 Days
Efekoha The National Insurance Commission (NAICOM) will withdraw the licence of any insurance company that will fail to settle claims to policyholders within 90 days. The Chairman of the Nigeria Insurance Association (NIA), Mr Eddie Efekoha, in Lagos on Wednesday said that the industry was determined to sustain its credibility. […]
