/PRNewswire/ — The Zika virus outbreak has caused many travelers to rethink their plans, with pregnancy being the main concern. “We’re finding the real reason travelers want to cancel is because of the virus’ impact on pregnancy,” said Jessica Harvey, Customer Service Director a leading travel insurance comparison site, Squaremouth. […]
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FG seeks cooperation from insurance operators on bill review
Leave a comment Chuks Udo Okonta The Federal Government has called on insurance operators to cooperate with the committee set-up to review the industry’s bill to enable them come up with a draft that would be the impetus for rapid growth of the sector and consumers of the it’s services. […]
OPENING REMARKS BY MRS. KEMI ADEOSUN, HONOURABLE MINISTER OF FINANCE AT THE INAUGURATION OF THE COMMITTEE FOR THE REVIEW OF INSURANCE (CONSOLIDATED) BILL
Mrs Adeosu OPENING REMARKS BY MRS. KEMI ADEOSUN, HONOURABLE MINISTER OF FINANCE AT THE INAUGURATION OF THE COMMITTEE FOR THE REVIEW OF INSURANCE (CONSOLIDATED) BILL ON THURSDAY, FEBRUARY 04, 2016 IN ABUJA Protocols It is with great pleasure that I welcome you all to this inauguration of the Committee for […]
Still on Buhari’s visit to Ogun State and the project 40
For quite a while, Ogun State has come under a substantial wind of festivity in view of the 40th anniversary of the state’s creation, in 1976 alongside some others like Imo, Borno, Ondo, Bauchi,Oyo, Plateau, etc. The government of the day under Senator IbikunleAmosun saw to it that the President, […]
Greeks strike against leftist government’s pension plans
A one-day strike brought Greece to a standstill on Thursday, as trade unions protested against the left-led government’s plans for pension reforms that could help appease foreign creditors, but risks pushing thousands of people further into poverty. Domestic flights were grounded, ferries stay docked in ports and most public transportation […]
Global Pension Assets Nicked by Market Troubles in 2015: Study
Market turmoil around the world took its toll on pension assets last year, according to a new study by Willis Towers Watson Plc, the London advisory firm. Specifically, pension assets relative to gross domestic product declined 3.9 percentage points in 2015 to 80.3% from 84.2% the year before. Pension assets […]
How Chinese Used Insurance to Dodge Currency Controls
Hong Kong’s haven turns polices into actual insurance for cash Chinese have bought record amounts of insurance in Hong Kong Before the Chinese regulator stepped in this week with measures against the insurance industry aimed at curbing the country’s $1 trillion worth of capital outflows in 2015, hundreds of thousands […]
CIIN joins bill review committee, as ARIAN, Irukwu were not considered
Leave a comment Chuks Udo Okonta Finally, invitation has been extended to the Chartered Insurance Institute of Nigeria (CIIN) to partake in the review of the Insurance (consolidated) bill which committee would be inaugurated from 2:00 PM today in Abuja. Inspen gathered that whilst the CIIN was re-considered, having been […]
Canadian pension funds hit hard by global market volatility
Janet McFarland Canadian pension plans took a major hit in January from turmoil in global markets, suffering a drop in their funding solvency as bond yields fell and their investment portfolios posted losses. Pension consulting firm Aon Hewitt said the median solvency ratio for pension funds it tracks fell by […]
Pension savers flee for the safety of annuities as stock market tumbles
By Harvey Jones Annuity sales collapsed after pension freedoms were launched in April last year as hundreds of thousands celebrated their liberation from the obligation to lock into a lifetime income at retirement. Many either cashed in their lifetime savings or took an income drawdown plan, leaving their pension invested […]
