Presented By Dr. Pius Apere (PhD / FCII) (Actuarial Scientist / Chartered Insurer) Deputy Managing Director Linkage Assurance Company PLC Email: p_apere@hotmail.com Tel: +234(0)7086438525 December 2015 Introduction The Nigerian pension industry currently consists of three pillars, namely the public sector Pay-As-You-Go (PAYG) defined benefit (DB) schemes, private sector defined benefit […]
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CIIN shops for writers
Ahmed Leave a comment Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) is shopping for professional writers that would help domesticate its course books, Inspen can report. Its Director-General Kola Ahmed, disclosed this in an interview, adding that the writers will be saddled with the responsibility of including […]
Japanese brands dominate insurance industry’s auto safety rankings for 2016 model year
By DEE-ANN DURBIN, Associated Press Japanese brands dominate the insurance industry’s rankings of the safest vehicles for the 2016 model year. The Insurance Institute for Highway Safety said Thursday that 48 vehicles earned its highest rating of “Top Safety Pick Plus.” That’s up from 33 a year ago. Toyota, Honda […]
Buy insurance against terror strikes now
Recent incidents have put the spotlight on insurance against terrorism-related incidents. “Recognise the importance of travel insurance, even when you are going to countries where it is not mandatory,” says Nikhil Apte, Chief Product Officer, Product Factory (Health Insurance), Royal Sundaram Alliance Insurance. “Travel insurance provides you financial cover and […]
Expert canvasses floating of bond to deflate pension accrued rights
Leave a comment Chuks Udo Okonta An expert in pension matters has called on all levels of government to consider floating of bond to address the present challenge of accrued pension rights that has denied many retirees their pension benefits. The Regional Manager South West of Premium Pension Limited, Fatai […]
Lagos set to review pension payment family of deceased staff
The Lagos State Government is currently reviewing payment of an additional 20 percent of accruable rights to the family of a deceased staff apart from the basic entitlements under the State Pension Law 2007. According to a statement issued by the State Ministry of Finance, the proposal is part of […]
Lekki Miami Beach Resort set for one year anniversary
Set out to provide alternative holiday resort in Nigeria for Nigerians and foreigners alike, Lekki Miami Beach Resort (LMBR) Limited has continued to expand, offering value that could be comparable to its peers in other parts of the world. One year after commissioning, the resort located on Lekki Area of […]
NAICOM delists 108 insurance brokers
The National Insurance Commission (NAICOM) has removed108 insurance brokers out of the list of 421 licensed practitioners operating in the country for failing to renew their licences. Sources from NAICOM told our correspondent on Sunday that the affected brokers had been operating without meeting the regulatory requirements. “NAICOM decided to […]
Greg Wolf: Make gun owners buy more insurance
Every firearm should be insured. Homeowner’s and renter’s insurance policies should all have provisions for gun ownership. Rates should depend on the types of guns, types of ammunition, method of storage, and other information relating to the dwelling and its occupants. Insurance companies should all offer personal liability policies for […]
Agric insurance set to lift incomes
By Faridah Kulabako Agriculture in Uganda continues to face a variety of uncertainties, ranging from commodity price fluctuations to unpredictable weather patterns, which are said to be holding back efforts to lift people out of poverty. First, the long dry spell that cause withering of crops in most parts of […]
