With the United Kingdom having voted in its recent referendum to leave the European Union, many businesses with existing or planned investments in the UK will be looking to new investment frontiers. Africa’s move to diversify its economies and its rising consuming class are creating an array of new investment […]
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SMEs urged to sign on to insurance policies
The Chief Executive Officer (CEO) of GN Life insurance, Mr Andrew Fiifi Simpson, has urged Small and Medium Enterprise (SMEs) not to shy away from taking up insurance policies. Instead, he advised them to sign onto such policies to cushion their businesses against eventualities. According to him, many SMEs in […]
Pension Fund Regulator Scouting For Tax Consultant For 2016-17
New Delhi: Pension fund regulator PFRDA is scouting for a tax consultant for the fiscal 2016-17 to advise it on all the taxation related issues. The consultant would be advising PFRDA on issues related to “tax deducted at source, service tax, GST (when enacted), any other tax related issues, including […]
Pensioners are being denied their savings: Can the law be changed to set things right?
By Ra’eesa Patherfiled A case in the Johannesburg high court could pave the way for R28.7-billion to be freed up for pensioners left in limbo. A pension fund with millions in unclaimed benefits has challenged the high court in Johannesburg: change the law so that the money can be distributed […]
Old Mutual to retain ‘strategic minority stake’ in Nedbank
BY ROBERT LAING OLD Mutual will retain “an appropriate strategic minority stake” in Nedbank after distributing “a significant proportion” of the bank’s shares to its shareholders, CEO Bruce Hemphill said at the insurance group’s annual general meeting on Tuesday. The group is in the process of stripping itself down to […]
Sovereign Trust Insurance promotes youth mentorship
Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has extended its Corporate Social Responsibility (CSR) initiative to a Lagos-based Non-Governmental Organisation , Teenage Life on partnership aimed at strengthening youth development in the country. The Coordinator of Teenage Life, Mrs. Jessica John Braimah, commended the commitment […]
Insurance shares hit after Brexit vote
Marion Dakers, Financial services editor Shares in London-listed insurance firms have taken another tumble today as analysts try to judge the damage that Brexit could inflict on their customer base and investment portfolios. Insurance firms, while suffering less than the British banks in the aftermath of the referendum, are exposed […]
China’s biggest online marketplace is selling ‘breakup insurance’ for Taylor Swift’s love life
By Alicia Tan When it comes to Tay-Tay’s love life, one day you’re in and the next you’re out, so you can never be too sure. Cashing in on Taylor Swift’s latest unconfirmed relationship with actor Tom Hiddleston are several Taobao retailers who have started to sell “insurance” to the […]
President Buhari, Fashola, Emefiele to grace insurance mega confab
From left: Assistant Executive Secretary of the Nigerian Council of Registered Insurance Brokers, Tope Adaramola; Managing Director WAPIC Insurance Plc, Mrs Yinka Adekoya and Chief Executive Officer, Axa Mansard Insurance Plc, Mrs Yetunde Ilori at the event. Leave a comment and share Chuks Udo Okonta President Mohammadu Buhari is expected […]
TEXTS OF SPEECH DELIVERED BY CHAIRMAN, PLANNING COMMITTEE OF THE NATIONAL INSURANCE CONFERENCE, MRS YETUNDE ILORI, AT THE MEDIA BRIEFING
From left: Assistant Executive Secretary of the Nigerian Council of Registered Insurance Brokers, Tope Adaramola; Managing Director WAPIC Insurance Plc, Mrs Yinka Adekoya and Chief Executive Officer, Axa Mansard Insurance Plc, Mrs Yetunde Ilori at the event TEXTS OF SPEECH DELIVERED BY CHAIRMAN, PLANNING COMMITTEE OF THE NATIONAL INSURANCE CONFERENCE, […]