By Ebere Nwoji As the insurance Industry regulatory body, the National Insurance Commission prepares to enforce the regime of the Europe -adopted Risk Base Supervision model in Nigeria, most sector operators have stormed foreign investment markets in search of foreign partners for mergers and acquisitions. The operators also said their […]
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Disengaged workers resort to pension contributions for survival
Leave a comment and share Chuks Udo Okonta Disengaged workers who are privileged to subscribed to the Contributory Pension Scheme (CPS) now resort to 25 per cent withdrawal provided by the law for survival, Inspen can report. One of the disengaged workers from Ilorin, Kwara State, yesterday, called Inspenonline’s Office […]
Photos: Faces at 2017 miss insurance beauty pageant
From left: DG CIIN, Olutayo Borokini and DDG Mrs Uju Ndubisi- Chukwu dancing at the event. President CIIN, Lady Isioma Chukwuma and husband dancing at the event. From left: Deputy a President CIIN, Mrs Mrs. Funmi Babington-Ashaye, outgoing Miss Insurance,Adaeze Okeke and former Managing Director, Sovereign Trust Insurance Wale […]
Zenith Insurance girl wins 2017 miss insurance pageant
Miss Ezekiel receiving the crown from the 2016 Miss Insurance Adaeze Okeke Leave a comment and share Chuks Udo Okonta Zenith Insurance General Limited member of staff, Miss Ezekiel Precious, has emerged winner of the 2017 Miss Insurance Beauty Pageant, Inspen can Report. Precious, was announced winner this morning at […]
Budget 2017: ‘Disarray’ over National Insurance rises
Labour’s shadow chancellor says the government is in disarray after Theresa May said Budget tax rises would not go before MPs until the autumn. John McDonnell called it a “partial U-turn” over National Insurance increases for self-employed workers. Prime Minister Mrs May defended the change as “fair”, amid a backlash […]
57 Insurance Firms Yet to Secure NAICOM’s Approval for 2016 Financial Statements
Ebere Nwoji Only two out of existing 59 insurance firms and two reinsurance companies have secured approval for their 2016 financial statements by the insurance industry regulatory body, the National insurance Commission (NAICOM). THISDAY checks also revealed that five firms are still battling to secure the commission’s approval for their […]
SureBüddy brings sponsored cover to Uganda with new insurance App
PRESS RELEASE Uganda, a country with a high smartphone penetration, is the first-to-market for SureBüddy SureBüddy an android application that has today launched into market, brings sponsored insurance and insurance related products to Uganda. SureBüddy is simple and easy to use – the app renders advertisements, the consumer watches the […]
Insurers split over N20,000 motor third party premium
Leave a comment and share Chuks Udo Okonta Insurance operators seemed divided over the proposed N20,000 motor third party premium, which bill is presently at the Senate for considerations, Inspen can report. Findings revealed that some operators who considered the proposed premium as transformational want the industry to support the […]
GE agrees $3.4 billion deal to sell water business to Suez, Canadian pension fund
By Austen Hufford General Electric Co. GE, -0.20% said Wednesday it has agreed to sell its water and process technologies business to France’s Suez SA and one of Canada’s largest pension funds. Suez SEV, -0.18% and Caisse de dépôt et placement du Québec are buying GE Water in a deal […]
Pension fund manager, 45, at Westminster Council ‘stole more than £1million from his employer and transferred the cash into his wife’s bank account’
Ian Woodall, 45, allegedly abused his position at Westminster City Council In court with wife Tania, 46, who is charged with assisting in the transfer of cash Allegedly transferred over £1m in his role as chief investment officer at council A pension fund manager has been accused of stealing more […]
