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Insurance

Poor NSE performance cuts insurers’ earnings

By LOLA OKULO POOR performance by the stock market has cut insurance companies’ investment earnings by nearly half, according to the latest industry report. The Insurance Regulatory Authority’s industry report for third quarter released on December 21 shows investment income for the industry dropped by 48.62 per cent to Sh12.77 […]

Insurance

Change: Insurers seek cover for govt’s assets

Ahmed Leave a comment Chuks Udo Okonta In line with the change mantra, insurance operators have called on government at all level to procure insurance cover for their assets as done in other climes. The Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed, said this in an interview with […]

Insurance

‘FG owes armed forces insurers 2013 premium’

The Federal Government is owing insurers and brokers’ premiums for 2013 Group Life Insurance Policy (GLIP) of the Armed Forces, Defence Spokesman, Colonel Rabe Abubakar, has said. Abubakar, who made this known in an interview, however, said efforts were on to ensure that the premium was paid to the brokers […]

Insurance

SASSA restricts insurance deductions on social grants

JOHANNESBURG – South African Social Security Agency (SASSA) is tightening the screws and reviewing its policy regarding funeral policy deductions on child support grants. The social grants agency says its research has shown that such deductions may not be in the best interest of the child. SASSA says as from […]

Insurance

Happy New Year

The Management of Inspen Media wishes all our readers and supporters Happy New Year, and solicits your support towards achieving our goals of providing prompt and in-depth news and reports. Chuks Udo Okonta CEO