By DAVID BUCHWALD IN New York State, both the former Assembly speaker Sheldon Silver and the former Senate majority leader Dean Skelos have recently been tried and convicted on numerous federal charges of corruption. They share another distinction: Since their trials, they have both applied for their state pensions. Sadly, […]
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Flat-rate pension relief fairer to all, say insurers
By Brian Milligan Personal Finance reporter A new system of flat-rate tax relief on pension contributions would be fairer to everyone, especially the low-paid, the insurance industry has said. The Association of British Insurers (ABI) is asking the chancellor to introduce a Savers’ Bonus, which would treat all taxpayers equally. […]
How tech is changing insurance in South Africa
The digital revolution promises to change the face of South Africa’s insurance market over the next few years, making the industry more convenient, and more personalised. Bryan McLachlan, CEO at Instant Life, said that as technologies such as the Internet of Things, wearable computing, big data, and cloud computing mature, […]
Global insurers plot cautious course to Iran
Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of their appetite could come in March when some Iranian companies seek new cover. Insurers, the reinsurers that share their risk and the brokers that forge deals are exploring ways to […]
NIA Chairman’s mother is dead
The Chairman Nigerian Insurers Association, Godwin U.S.Wiggle has lost his mother and matriarch of the Wiggle family, Mrs. Victoria Wiggle. She was aged 82. She was a devout christian, community leader and philanthropist. In a condolence message to its Chairman, the Director-General of the Association, Sunday Thomas expressed the deepest […]
How pension funds can boost devt in dwindling economy– Fashola
By Clifford Ndujihe POWER, Works and Housing Minister, Mr Babatunde Raji Fashola (SAN), yesterday, decried the age-long lip service Nigerian governments had paid to diversification of the country’s economy from crude oil, noting that the mistake has caught up with Nigeria following the prevailing slump in crude oil prices. As […]
Anti corruption war can foster attainment of N1trn premium income – NCRIB boss
Leave a comment Chuks Udo Okonta The President Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren, said the insurance industry can achieve the targeted N1 trillion premium income through sustenance of the anti corruption war which is a good tool to curb all mal-practices that have stemmed insurance growth. […]
Agents write minister, seek inclusion in insurance bill review committee
Mrs Adeosu Leave a comment Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has written a letter to the Minister of Finance Mrs. Kemi Adeosun and the National Insurance Commission (NAICOM) over the exclusion of agents in the proposed committee to review the insurance bill. Its […]
KEYNOTE SPEECH AT THE NIGERIAN PENSION INDUSTRY STRATEGY IMPLEMENTATION ROADMAP RETREAT ON JANUARY 21-23, 2016
Fashola Ladies and Gentlemen, we are gathered at a historic time to discuss an important matter. Some may see a Pension Conference, but I see more. I see a future for Africa, led by Nigeria, using the resources of the people to build a future that includes the people. It […]
BRIEF-Great Nigeria Insurance reports FY 2015 profit before tax of 466.4 million naira
Great Nigeria Insurance Plc : * FY 2015 profit before tax of 466.4 million naira versus 714.3 million naira a year ago * FY 2015 net premium earned of 1.81 billion naira versus 1.99 billion naira year ago Source: bit.ly/23gUs4W Further company coverage:
