Kari Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has debunked a report by an online medium that the Commissioner for Insurance Mohammed Kari was today arrested by the Police and officers of Department of State Service (DSS) over allegations of fraud and financial mismanagement. […]
Author: admin
FG considers pension review for Armed Forces
FIdelis Soriwei The Minister of Defence, Mansur Dan-Ali, has said the Federal Government is considering pension review for military pensioners in the country. He said that the review became necessary in view of the constitutional provision which stipulates that pension should be reviewed every five years. The minister made the […]
NAICOM meets PenCom tomorrow over annuity transfer
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) will tomorrow have a meeting with National Pension Commission (PenCom) over the mandate given to life insurers to transfer annuity assets in their kitty to Pension Fund Custodians (PFCs), Inspen can report. The meeting which was initiated […]
AXA partners with Silicon Valley startup Trov to launch insurance ‘as simple as Tinder’ for British millennials
A promotional shot of how the Trov app works. Trov Major insurer AXA is partnering with Silicon Valley insurance startup Trov to launch an on-demand, mobile-first service aimed at millennials in Britain. California-based Trov lets people buy flexible insurance for single items through their smartphones. If, for example, you have […]
Delay in release of N5.4bn group life insurance funds stalls contract renewal
By Ebere Nwoji The federal government’s delay in releasing about N5.4 billion funds for the payment of premium for the Group Life Insurance of the federal civil service workers is said to be a major factor inhibiting the renewal of the contract which expired three months ago, THISDAY checks have […]
PILA urges FG to initiate life insurance policy
The Professional Insurance Ladies’ Association (PILA) on Monday urged the Federal Government to initiate a bill seeking to compel men – from 18 years – to take life insurance policy. The PILA President, Jocelyn Ogbuokiri, made the appeal in Lagos. Ogbuokiri said that such a bill had become necessary to […]
International media experts to judge Pan-African Re/Insurance Journalism Awards 2017
Leave a comment and share Chuks Udo okonta Continental Reinsurance Plc has today announced the jury members for the second edition of the Pan-African Re/Insurance Journalism Awards. Afif Ben Yedder, Founder of IC Publications, publisher of leading magazines African Business and New African, will chair the jury this year. Other […]
NAICOM kickstarts Lagos inspectorate directorate Office
Leave a comment and share Chuks Udo Okonta The Inspectorate Directorate of National Insurance Commission (NAICOM) that was moved to Lagos Control office, has commenced operations, Inspen can report. Head, Corporate Affairs, NAICOM, Rasaaq Salami, who confirmed this, said the Directorate commenced work last week. According to him, the relocation […]
Insurance sector needs innovation to aid supply-side reform
By Song Jingli Wei Yingning, former vice-chairman of China Insurance Regulatory Commission, delivers a speech at the launch ceremony of the China Insurance and Pension Fund Research Center at the PBC School of Finance at Tsinghua University on Nov 20, 2016. [Photo provided to chinadaily.com.cn] China is likely to surpass […]
Trump, Brexit, and The Clash: 12 things you need to know about the pensions time bomb
With workers being told they’ll be poorer in retirement than they had originally planned and rife uncertainty in global markets thanks to The Donald and Brexit, can you blame thousands of people paying into company pensions asking: Should I stay, or should I go now? SHARE Specifically, they are wondering […]
