Tankers moving through the Gulf of Guinea in West Africa are paying additional insurance premiums compared with relatively safer sea lanes due to escalation of piracy incidents and sea robberies in the region, and there will be serious concerns if these criminal activities become enmeshed with political disputes, a senior […]
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Leadway Assurance signs MoU with Total Nigeria on insurance distribution
From left: Executive Director, Finance and Systems, Leadway Assurance Ltd- Tunde Hassan-Odukale; General Manager/Head of Retail, Leadway Assurance Ltd- Tinashe Muyambo; Executive Director, General Business, Leadway Assurance Ltd- Ms. Adetola Adegbayi; Territorial Sales Manager (North), Total Nigeria Plc- Muftau Balogun; Retail Marketing Manager, Total Nigeria Plc- Henrietta Isokpan at the […]
Lagos State pays N918.703m to 180 retirees
Mrs Onanuga and Lawal receiving the award. Leave a comment and share Chuks Udo Okonta The Lagos State Government in the month of August, 2016 paid pension entitlements worth N918.703 million to 180 retirees from the Mainstream Civil Service, Local Governments, State Universal Basic Education Board (SUBEB), Teachers Establishment and […]
FBNInsurance doles out N250,000 to indigent students
Ojumah Leave a comment and share Chuks Udo Okonta FBNInsurance Limited, in line with her Corporate Responsibility and Sustainability policy, has awarded scholarships worth N250,000 to indigent students of Aragba Primary School, Aragba-Orogun, near Abraka, Delta State. Speaking at the cheque presentation ceremony which held at the palace of the […]
NIA to court judiciary over fraudulent claims
Efekoha Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) hopes to share knowledge with Judicial Officers, Magistrates and Judges on the workings of insurance business and to fully equip them towards responding adequately to the rising cases of fraudulent claims, it Chairman, Eddie Efekoha, has […]
Disengaged junior workers get lion share of N49.55bn pension benefits
DG PenCom, Mrs Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta Greater parts of the N49.55 billion pension benefits paid by Pension Fund Administrators (PFAs) to disengaged workers went to junior staff, Inspen has learnt. The National Pension Commission (PenCom) said since the inception of the Contributory Pension […]
Africa Re gears up to boost insurance awareness
Africa Reinsurance Corporation, Africa Re, is set to embark on a Corporate Social Responsibility, CSR, initiative to boost insurance awareness and knowledge in Nigeria. Addressing journalists at the company’s head office in Lagos, Deputy Managing Director/Chief Operating Officer of Africa Re, Mr. Ken Aghoghovbia said that the initiative is tagged, […]
NAICOM woos professionals from other fields
Kari Leave a comment and share Chuks Udo Okonta The National Insurance (Commission) has urged insurance operators to allow professionals from other fields of endeavour on their management boards to enhance performance. Commissioner for Insurance Mohammed Kari, who gave the admonition in Lagos, enjoined insurers to engage the professionals to […]
Great Nigeria Insurance pays over N0.7bn claims in six months
Osipitan Leave an comment and share Chuks Udo Okonta Great Nigeria Insurance Plc, has again shown avowed commitment towards prompt claims settlement, as its released claims record, revealed that over N700 million was paid to claimants between January and June 2016. A statement made available by the Corporate Communications and […]
AIICO Pension Managers unveils Joke Silva as brand ambassador
From left: MD Brandcook Integrated Services Lanre odutola and Joke Silva at the signing ceremony. Managing Director APML, Eguarekhide Longe and Joke Silva Members of staff of AIICO Pensions
