President, National Association of Insurance and Pension Correspondents (NAIPCO) Modestus Anaesoronye; Managing Director IEI-Anchor Pension Managers Limited, Glory Etaduovie; Head Business Development and Strategy, Jolaade Oduntan and Zonal Manager, Lagos, Cyril Ojo at the annual general meeting of NAIPCO in Lagos. The Managing DIrector, IEI-Anchor Pension Managers Limited, Glory Etaduovie, […]
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NAICOM creates window for disqualified directors
Kari Leave a comment and share Chuks Udo Okonta A director disqualified by the nine years rule as stated in the code of corporate governance, may be reappointed to the same board after a cooling period of three years, the Commissioner for Insurance, Mohammed Kari, has said. Kari who disclosed […]
Insurers lose capital base to wrong investments – NAICOM
NIA’s Chairman, Eddie Efekoha Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said some insurance companies have eroded their capital base and miss-matched assets and liability cover to wrong investment decisions. Commissioner for Insurance, Mohammed Kari, disclosed this in Lagos, noted that such firms […]
‘Retirees in defined benefit earn N2,500 pension monthly’
Mrs Onanuga Leave a comment and share Chuks Udo Okonta Many workers who retired in old pension scheme – Defined Benefit, earn as low as N2,500 monthly pension, Inspen can report. In spite, the poor earnings, the the pensioners have to undergo rigorous biometric verifications before accessing the token. The […]
Photos: Faces at the AIICO Pension Managers 10th anniversary
L-R, Director General Lagos State Pension Commission, Mrs. Folasade Onanuga, APML’s Brand Ambassador, Ms. Joke Silva and the Managing Director APML, Mr. Eguarekhide Longe, during the unveiling ceremony of CSR projects carried out by AIICO Pension Managers Limited at the Old Peoples Home Yaba Lagos in commemoration of their 10th […]
AIICO Pension clocks 10 years, unveils Joke Silva as brand ambassador
From left: The Managing Director AIICO Pension Managers Limited (APML), Mr. Eguarekhide Longe, APML’s Brand Ambassador, Ms. Joke Silva, resident of the Old Peoples Home, Director General Lagos State Pension Commission, Mrs. Folasade Onanuga and Coordinator Old Peoples Home, Mrs. Agnes Feyisara Olaore during the unveiling ceremony of CSR projects […]
Workers in 32 states are without group life insurance – PenCom
Efekoha Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said 32 out of the 36 states in the nation are yet to initiate group life insurance for their workers. According to the commission, only Lagos, Osun, Rivers and Niger states had commenced implementation of the […]
Indian insurance in future will be fully digitally driven
Insurance in India has transformed to become a digitally driven buyers’ market from being a sellers’ market, industry chamber CII said on Sunday, citing a report prepared jointly with British professional service firm Ernst and Young (EY). “Insurance in India has moved from being a sellers’ market to that of […]
10 Top African Insurance Markets Account For 92% Of Premiums – Report
By Kevin Mwanza Only 10 African countries contributed 92 percent of the total premiums that insurance firms enjoyed across the continent in 2014, with six of them surpassing the $1 billion threshold in non-life premiums. The nations are South Africa, Morocco, Egypt, Nigeria, Kenya, Algeria, Angola, Namibia, Tunisia and Mauritius. […]
Old Mutual completes £183 million investment
By Louie Bacani Old Mutual completes £183 million investment British insurer Old Mutual has completed its previously announced multimillion transaction with leading US investment firm Landmark Partners. The company revealed in June that it had signed an agreement to acquire 60% of Landmark Partners, a global private equity, real estate […]
