Onsode Foremost technocrat and boardroom Czar, Deacon Gamaliel Onosode, 82, is dead. Onosode died Tuesday morning at Gold Cross Hospital, Ikoyi Lagos at about 8:15am after a protracted illness. Onosode was flown home yesterday from London. He was (born 22 May 1933) (Died 29 September 2015) is a Nigerian technocrat, […]
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NAICOM wants zero tolerance for unethical vices
Leave a comment Chuks Udo Okonta The National insurance Commission (NAICOM) has called on insurance operators to henceforth exhibit zero tolerance for unethical vices or face the law. The Commissioner for Insurance Mohammed Kari, who said this at an event in Abeokuta, said the call has become necessary as most […]
Insurers Urged to Reach Rural Areas
By Mariam Said The insurance industry grew at an average rate of 18 per cent in the last five years, but the services were mainly concentrated in urban centres. During the 18th Annual Insurance Day in Dar es Salaam at the weekend, the Minister of State in the President’s Office […]
33 Million Americans Still Don’t Have Health Insurance
By Anna Maria Barry-Jester and Ben Casselman Nearly 9 million people gained insurance last year, a win for “Obamacare” as the president’s signature health care law expanded Medicaid and opened health insurance exchanges. And yet, 33 million Americans, 10.4 percent of the U.S. population, still went without health insurance for […]
Photo: Faces at the signing of MMoU by the Insurance Supervisors of Ghana, Liberia. Nigeria, Sierra Leone, and The Gambia on the establishment of “The West African Insurance Supervisors Association”
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Retirees brace for hardship as multi-employer pension cuts loom
Of all the negative financial surprises that can hit in retirement, learning a “guaranteed” pension could be severely cut is among the worst. As the Treasury Department recently held a hearing on implementing a new law that allows pension cuts in troubled multi-employer pension plans covering about 10 million workers, […]
Protecting your family with life insurance
September is Life Insurance Awareness Month. Financial professional Tony Zimmer from Trifound joined us to talk about who should be covered and what options are out there. 1. Know the Types There are two main categories of life insurance policies. Term policies cover you for a specific number of years, […]
Woman arrested over wedding ring scam
A woman has been arrested as part of a national clampdown on suspected fradulent insurance claims. The 26-year-old from Rainhill was one of six people arrested as part of a major operation by the Insurance Fraud Enforcement Department (IFED), part of the City of London Police. She was detained on […]
PenOp seeks release of FG retirees’ accrued rights
Leave a comment Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) has called on the Federal Government to urgently release the outstanding accrued rights of its retirees so that their benefits can be processed and settled. The President of PenOp Misbahu Yola, said this at a media […]
Why Buhari missed UN’s Boko Haram meeting – Presidency
The Presidency has maintained President Muhammadu Buhari is fully committed to improve national security and succour for Internally Displaced Persons, IDPs. The Vanguard reported that this was contained in a statement by Garba Shehu, SSA to the President (Media & Publicity) in reaction to the earlier report that Buhari and […]
