British motor insurance rates held steady in the first quarter compared with the previous quarter, as January price cuts balanced out a recent rise in insurance premium tax, a survey showed on Monday. The cost of an average comprehensive motor premium held at 671 pounds ($953.09), according to the latest […]
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Pan African re/insurance awards holds tomorrow
Journalists from Africa specialising in re/insurance reporting will be honoured tomorrow during the first Pan-African Reinsurance Journalism Awards. Seychelles will host the awards and the ceremony will take place tomorrow at Eden Bleu Hotel, starting at 6.30pm. Launched by Continental Reinsurance Plc, the awards seek to develop re/insurance reporting in […]
Pension: EFCC arrests suspended DG, others for N2.5bn fraud
Eniola Akinkuotu and Ifeanyi Onuba The Economic and Financial Crimes Commission has arrested the suspended Director-General, of the Pension Transitional Arrangement Directorate, Nelly Mayshak, and three others, Yoab Youssoufou, Patricia Iyogun, and Ruth Imonikhe for a N2.5bn fraud. PTAD is an independent pension agency established in August 2013 to oversee […]
Yayale Ahmed now IGI’s Chairman
• Gowon, Alile, Olowude retire Leave a comment and share Chuks udo Okonta Former Secretary to the Government of the Federation, AlhajiYayale Ahmed, has emerged the new Chairman of Industrial and General Insurance (IGI) Plc. He replaces Gen. Dr. Yakubu Gowon, former Head of State, who has retired from the […]
California pension fund won’t drop tobacco divestment talks
SACRAMENTO, Calif. (AP) – The board overseeing the nation’s largest public-employee pension fund will consider reinvesting in tobacco stocks it sold off more than a decade ago. The California Public Employees’ Retirement System investment committee decided Monday to review the tobacco divestment over the next two years and make a […]
IndiaFirst Life Insurance eyeing 30% growth in retail biz and other top insurance news
IndiaFirst Life Insurance is looking at 30% growth in retail premium collection in the current financial year. In 2015-16, the company’s overall premium collection stood at Rs. 1,967 crore. (FC) Insurance regulator IRDAI has imposed Rs. 15 lakh fine on DHFL Pramerica Life Insurance Company for violation of guidelines on […]
Breaking: Axa to underwrite political risks in Africa from May 1
Axa has entered the African specialty market via a special purpose syndicate (SPS) arrangement with Chaucer Syndicate 1084, it announced today (19 April). Axa Africa Specialty Risks will write speciality lines including political risks, energy and infrastructure for the African market from 1 May. The partnership will initially utilise Axa’s […]
Governance, Risk and Compliance in The Nigerian Insurance Industry 2016 – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Governance, Risk and Compliance – The Nigerian Insurance Industry” report to their offering. “Governance, Risk and Compliance – The Nigerian Insurance Industry” Tweet this The ‘Governance, Risk and Compliance – The Nigerian Insurance Industry’ report is the result of extensive […]
Biometric Security – The Key To Passwordless Authentication Or A Fad?
https://www.toptal.com/it/biometrics-the-key-to-paswordless-security-or-a-fad By Nermin Hajdarbegović – Technical Editor @ Toptal #Biometric #Passwordless 0shares Passwordless authentication has been the Holy Grail of security for years, but progress has been painfully slow. This does not mean that huge strides have not been made, but unfortunately, most of these developments have been relegated to research […]
PenCom eyes MDAs subventions for settlement of over N20bn accrued rights
From left: Compliance Officer, Stanbic IBTC Pension, Mrs. Idu Okwuosa; Managing Director, Zenith Pension Fund Custodian (PFC), Mrs. Nkem Oni-Egbuna; Managing Director, AIICO Pension and Chairman, Pension Fund Operators of Nigeria (PenOp), Eguarekhide Longe; Executive Secretary, PenOp, Susan Oranye; Managing Director, AXA Mansard Pension, Dapo Akinsanya and Managing Director, FUG […]
