Leave a comment and share Chuks Udo Okonta All is now set for the maiden edition of the Financial Literacy Excellence Awards, FILEX, under the auspices of one of Nigeria’s foremost Non-Governmental Organizations, the Development Initiatives Network, DIN. The Executive Director of DIN and Convener of the FILEX Awards, Dr. […]
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Access Bank partners WAPIC, Ghana Life for Bancassurance
Access Bank Ghana has partnered Wapic Insurance and Ghana Life Insurance companies to launch innovative insurance products for consumers in Ghana, In line with its strategy to build capacity in retail banking. The launch, which follows the signing of a strategic partnership agreement between Access Bank and the two insurance […]
Top 5 most complained about insurance products in South Africa
The Ombudsman for Short-Term Insurance has revealed the types of insurance vehicles that receive the most complaints. According to the Ombudsman’s annual report in 2015‚ the watchdog recovered in excess of R100 million for consumers from the short-term insurance industry. It said that total of 9‚784 complaints against short-term insurers […]
It’s prison for insurance agent in $1M scam
A former insurance agent from Essex County was sentenced to six years in state prison on Wednesday for filing hundreds of phony life insurance applications to score commission fees. Authorities say Stanley Jerome, 33, pulled in commissions and bonuses totaling $1,132,675 in the scheme, which included paying low-income people for […]
Mobile Phones to modernise insurance sector
Mthulisi Sibanda — MOBILIFE, the new financial services provider, has officially entered the insurance space with a number of innovations it hopes will transform the industry. The company has launched FoodSurance, said to be the first life cover in Africa that will pay out a weekly grocery voucher to families […]
Pension advice for the self-employed – how to plan for retirement
A record number of people are becoming self-employed by going freelance or starting their own business. New figures from the Office for National Statistics show the number has increased by 182,000 to just under 4.7 million. However, there are growing fears that this new generation of those going it alone […]
Things to do to protect your retirement income
Uchenna Ndimele, Quantitative Financial Analytics Comfortable retirement is the desire of many and almost all retirement services company websites have calculators that will give you an idea of how much you are likely to have at retirement based on certain actuarial assumptions. More often than not, things do not end […]
Inspenonline unveils nominees for 2015 insurance, pension awards
The management of Inspenonline, Nigeria’s premier Insurance and Pension online news channel, has unveiled the nominees for 2015 Nigerian Insurance and pension awards. A statement by the Publisher/Editor-in-Chief, Chuks Udo Okonta, said 18 firms drawn from the insurance and pension sectors have been selected for various categories and will be […]
Photos: Faces at ILAN’s investiture
Pension Insurance Corp completes $1.3 bln pension deal for Aon
British specialist insurer Pension Insurance Corp (PIC) has completed a 900 million pound ($1.30 billion) pension buy-in deal for insurance broker Aon, it said on Thursday. In a buy-in, the insurer takes on a portion of the risk of a defined benefit, or final salary, pension scheme. China’s Legend Holdings […]
