Fitch’s rating outlook remains negative and sector outlook remains stable for the Brazilian insurance industry for 2017, according to a new Fitch Ratings report. The negative Rating Outlook for the Brazilian insurance sector mirrors the outlook on Brazil’s sovereign ratings (Long-Term Foreign and Local Currency Issuer Default Ratings ‘BB’/ Outlook […]
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Expert seeks comprehensive insurance cover for sportsmen, women
A call has gone out for a sustained insurance cover for sportsmen and women to ensure the welfare of their defendants in cases of fatalities. An insurance expert, Chief Abel Ndu, said this while reacting to the plane crash in Medelin, Colombia on Tuesday which killed players and officials of […]
NAICOM: Sanitising the insurance sector
Kari IR: Cleaning the Augean stable in any society, sector, domain or country is an arduous task. This is so, because in most cases, corruption usually fights back and when it fights back, it fights vigorously in a bloody manner such that the reputation and good name of whoever is […]
Photo: Faces at the an event organised by CIFMS
From left: Rector Centre for Insurance and Financial Management Studies, Mrs. Yeside Abiodun Oyetayo; Managing Director, FBNInsurance Limited, Val Ojumah and Deputy President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye at an event.
WELCOME REMARKS BY CHINELO ANOHU-AMAZU, DIRECTOR GENERAL, NATIONAL PENSION COMMISSION AT THE SENSITIZATION WORKSHOP ON THE CONTRIBUTORY PENSION SCHEME FOR JUSTICES, JUDGES AND SENIOR JUDICIAL OFFICERS ORGANIZED BY THE NATIONAL PENSION COMMISSION
Mrs CHINELO ANOHU-AMAZU WELCOME REMARKS BY CHINELO ANOHU-AMAZU, DIRECTOR GENERAL, NATIONAL PENSION COMMISSION AT THE SENSITIZATION WORKSHOP ON THE CONTRIBUTORY PENSION SCHEME FOR JUSTICES, JUDGES AND SENIOR JUDICIAL OFFICERS ORGANIZED BY THE NATIONAL PENSION COMMISSION ON 1 DECEMBER, 2016 AT THE NATIONAL JUDICIAL INSTITUTE, ABUJA My Lord, the Honourable Ag. […]
Lagos pays N941m to 228 in November
Mrs Onanuga Leave a comment and share Chuks Udo Okonta The Lagos State Pension Commission said it has paid another batch of 228 retirees from the Mainstream Civil Service, Local Governments, and State Universal Basic Education Board (SUBEB), Teachers Establishment and Pensions Office (TEPO) and other parastatals of Government the […]
Legal technicalities must not hamper pension scheme—Acting CJN
Onnoghen The Acting Chief Justice of Nigeria, Justice Walter Onnoghen, says legal technicalities and attitudes of employers and other stakeholders must not hamper the objectives of the pension scheme in Nigeria. Onnoghen, who spoke at a sensitisation workshop on the contributory pension scheme, identified the other stakeholders as Pension Fund […]
NIA engages foreign firm to review annuity business
Efekoha Leave a comment and share Chuks Udo The Nigerian Insurers Association (NIA) has concluded plans to engage a South African based Actuarial firm to help review annuity business and align it with current global market practices. Its Chairman, Eddie Efekoha, who disclosed this at a media parley in Lagos, […]
Pension funding deficits ‘nearly a third of UK GDP’
The pensions black hole is £110 billion higher than it was at the start of the year Britain’s mammoth funding gap for gold-plated company pensions stands at nearly a third of the country’s economic output despite a £50 billion boost in November. A report by PricewaterhouseCoopers shows the deficit for […]
Insurers assess Chapecoense air tragedy
By Raul Zorrilla The players of Brazilian soccer team Chapecoense who died in a tragic plane crash in Colombia Tuesday are covered by at least two life and accident insurance policies, one purchased by the Brazilian football federation CBF and one bought by Lamia, the company that owns the plane. […]