Inducted fellows of Risk Managers Society of Nigeria
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African Life rebrands to Sanlam Life Insurance
AFRICAN Life Assurance, which has paid over K300 million in claims since 2002, has now rebranded to Sanlam Life Insurance Company, with a commitment to improve service delivery of its quality products. South Africa-based financial services group, Sanlam, owns a 70 percent stake in African Life Assurance through the Sanlam […]
WHEN A GOOD MAN DEPARTS! TRIBUTE TO LATE YINKA LIJADU
The insurance firmament has lost another star with the death of Late Yinka Lijadu, former MD of Nicon Insurance and past President of the the Chartered Insurance Institute of Nigeria. Even though late Lijadu had been unwell for a while, the announcement of his demise still came to many as […]
MEMORANDUM SUBMITTED BY THE NATIONAL PENSION COMMISSION TO THE HOUSE COMMITTEE ON PENSIONS AT THE PUBLIC HEARING ON THE NEED TO INVEST PENSION FUNDS TO MEET NIGERIA’S INFRASTRUCTURAL CHALLENGES
1.0 Introduction 1.1 The National Pension Commission (the Commission) expresses its profound appreciation to the House Committee on Pensions for the opportunity to make a presentation at this Public Hearing on the “Need to Invest Pension Funds to meet Nigeria’s Infrastructural Challenges”. Indeed, the House Committee on Pensions has been […]
MEMORANDUM SUBMITTED BY THE NATIONAL PENSION COMMISSION TO THE HOUSE COMMITTEE ON PENSIONS FOR THE PUBLIC HEARING ON THE LEVEL OF COMPLIANCE ON THE CONTRIBUTORY PENSION SCHEME
1-0 Introduction 1-1 The National Pension Commission (“the Commission” or “PenCom”) expresses its profound appreciation to the House Committee on Pensions for the opportunity to provide insights, clarifications and information regarding the level of compliance with the Contributory Pension Scheme (CPS) established following the pension reform of 2004. Indeed the […]
Lagos state pays N1.08bn pension accrued rights
Leave a comment and share Chuks Udo Okonta The Lagos State government has issued Retirement Benefit Bond Certificates for a total sum of N1, 080 billion to 260 retirees from the Mainstream; Local Government; SUBEB; TEPO and Parastatals under the Contributory Pension Scheme (CPS) for the Month of April, 2016. […]
Paper presented by the outgoing Director-General of the Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed at his Valedictory Press Conference, on Tuesday, May 3, 2016 in Lagos
Incoming Director-General Chartered Insurance Institute of Nigeria (CIIN) Rechard Borokini; Outgoing Director-General, Kola Ahmed and Deputy Director-General, Obanuju Ndubusichukwu at the event. Gentlemen of the Press, the constituency which I fondly refer to as, a powerful consistency. It is with profound gratitude and appreciation that I welcome you to this […]
AFRICA MUST BECOME A PRODUCER OF GLOBALLY RESPECTED KNOWLEDGE
800 leaders from around the world today attended the opening of Going Global 2016, the world’s largest highest education conference, organised by the British Council and taking place in Africa for the first time. In attendance is the Minister of State for Education, Prof Anthony Anwuka, who will be joined […]
Nigeria, 20 other markets are ripe for insurance growth says Swiss Re
A sigma study from Swiss Re highlights the markets that present some exciting opportunities for insurance companies. The report looks at ‘frontier markets’ which have the right mix of conditions for insurance growth. While the potential of China, India and Brazil are well known, the report looks at 21 other […]
Fitch Affirms Standard Insurance Limited at ‘AA(zaf)’, Withdraws Ratings
(The following statement was released by the rating agency) LONDON, May 04 (Fitch) Fitch Ratings has affirmed Standard Insurance Limited’s (SIL) National Insurer Financial Strength (IFS) rating at ‘AA(zaf)’. The Outlook is Stable. SIL is the non-life bancassurance operating subsidiary of Standard Bank Group Limited (Standard Bank; AA(zaf)/Stable). The agency […]
