AN ADDRESS PRESENTED BY MR. CHIKE MOKWUNYE, GROUP MANAGING DIRECTOR, ROYAL EXCHANGE PLC, AT THE 8TH ROYAL EXCHANGE LEADERSHIP CONFERENCE FOR SECONDARY SCHOOL PREFECTS IN LAGOS, ON WEDNESDAY, 21st OCTOBER, 2015 Distinguished Guests Ladies and Gentlemen All Prefects here present Gentlemen of the press, It gives me great pleasure to […]
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Stanbic IBTC Pension Managers donates water scheme to NYSC
Leave a comment Chuks Udo Okonta Determined to improve the living standard of Nigerians, Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings Plc, has commissioned a water project built and donated to the Nigerian Youth Service Corps (NYSC) Camp in Kubwa, Abuja The water project, which will […]
Federal penalty for not having insurance rises to $695 in 2016
By Ricardo Alonso-Zaldivar The Associated Press WASHINGTON — The math is harsh: The federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact in its new pitch for health law sign-ups. That means the 2016 […]
In China, an insurance policy for good Samaritans who get sued
By Jonathan Kaiman Imagine you see an elderly man fall on a crowded street. You want to help him up, but then reason gets the better of you: You’ve read reports about injured people extorting small fortunes in healthcare fees from helpful bystanders. You walk past the man, pretending that […]
FG securities, foreign equities haven for pension investments
Leave a comment Chuks Udo Okonta Pension Fund Administrators (PFAs) have find succour in federal government securities and foreign equities which are now haven for investments due to safety and return on investments. According to a report by the National Pension Commission (PenCom) the operators have consistently make investment in […]
Linda Ikeji buys house worths N500m, says I’ve never slept with a man for money
Nigerian blogger, Linda Ikeji, recently acquired a property worth over N500 million in the priciest real estate location, Banana Island, Ikoyi. She had some words to say, especially to young women. She said on her blog: “My name is Linda Ikeji. I’m a blogger. I’m 35 years old and I […]
Economic slowdown: Insurers worry as income from premiums nosedives
By Rosemary Onuoha Insurers are apprehensive that the industry will suffer significant drop in premium income this year owing to the slowdown in economic activities occasioned by the slide in crude oil prices and Naira depreciation. The growth of economic activities in the country, as measured by the growth rate […]
Fitch: Nigerian Insurance Fundamentals Intact despite Weakening Economy
Fitch Ratings says in a new report that the Nigerian insurance industry will continue to expand, despite recent economic headwinds and significant structural challenges. The industry has experienced declining growth rates in recent years, albeit from a high base. However, a number of leading insurers have maintained strong premium and […]
NAICOM tasks brokers on corruption, money laundering
Leave a comment Chuks Udo Okonta The National Insurance Commission (NAICOM) has urged insurance brokers to ensure their operations are not exploited as a vehicle for corruption and money laundering. The Commissioner for Insurance Mohammed Kari, who was represented by Deputy Commissioner Finance and Administration NAICOM, George Onekhena, said this […]
Ugandans told to embrace education insurance policies
UAP Life Assurance sales manager- Corporate Allan Lwanga cutting a cake with pupils of Mother Manjeeri primary school in Kirinya Bweyogerere while launching the UAP Somesa Plus. By Vision Reporter Ugandans have been advised to embrace education insurance policies being offered by different insurance companies in the country. Start the […]
