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Faces at the Budget Setting and Strategy Session for Sovereign Trust Insurance Plc 2017 Financial Year

From: Victor Dike, Managing Director, Quick Projects , Olaotan Soyinka, Managing Director/CEO, Sovereign Trust Insurance Plc, Sanni Oladimeji, DGM/Head, Risk Management and Compliance, Sovereign Trust Insurance Plc and Ugochi Odemelam, ED, Marketing and Business Development, Sovereign Trust Insurance Plc at the Budget Setting and Strategy Session for Sovereign Trust Insurance […]

Pension

World’s Biggest Pension Fund Finds New Best Friend in Trump

By Anna Kitanaka President-elect’s shock victory provides tailwind for GPIF Stocks surge and the yen tumbles, benefiting giant investor One of the world’s most conservative investors has found an unlikely new ally in one of its most flamboyant politicians: Donald Trump. The unconventional president-elect’s victory is helping Japan’s giant pension […]

Pension

World’s biggest pension fund gains $21b as stocks rally

Japan’s Government Pension Investment Fund returned 1.8% in the three months ended September 30 A coffee shop run by an elderly woman in Tokyo. The Government Pension Investment Fund(GPIF) returned 2.4 trillion yen in the three months ended September 30 as stocks rebounded. TOKYO: The world’s biggest pension fund posted […]

Insurance

UK raises insurance premium tax to 12 pct

Britain will raise insurance premium tax by two percentage points to 12 percent from June 2017, finance minister Philip Hammond said on Wednesday in his first Autumn Statement address to Parliament. The move represents a doubling in the tax rate on home and motor insurance premiums within the past two […]

Insurance

World’s largest insurer Allianz opens Kenya office

Cabinet Secretary, The National Treasury Hon. Henry Rotich with Allianz Kenya CEO, DembaSy officially open the Allianz new premises, Allianz Plaza, where the company will be conducting its business operations. Global insurance leader Allianz has opened its fifteenth Africa office in Kenya. The insurer, which has been setting up operations […]