By Ebere Nwoji About 50, out of the existing 58 insurance and reinsurance firms are yet to submit their 2015 third quarter Annual Accounts and Returns to the National Insurance Commission (NAICOM). Also, six of the above existing firms are yet to submit their first, second and third quarter 2015 […]
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Business Journal Named ‘Best Financial Newspaper in Nigeria’
Business Journal has won international recognition as ‘Best Financial Newspaper in Nigeria’ in the 2015 International Finance Awards by Wealth & Finance International Magazine of the United Kingdom (UK). In the award letter to Business Journal, Jonathan Hicks, the Editor of Wealth & Finance International said: “Business Journal: You Are […]
AIG mulls spinning off mortgage insurance: Report
By Jacob Pramuk | @jacobpramuk American International Group is considering spinning off or selling its mortgage insurance segment amid shareholder pressure to split, The Wall Street Journal reported Thursday, citing sources. The insurance giant’s directors have discussed plans for the business for “a while” but have not made a final […]
THE PENSION REFORM LAW 2014 AND AREAS OF DIFFERENCE WITH THE LAGOS STATE PENSION REFORM LAW 2007 by Opeyemi Abodunrin (Mrs.) Public Sector Pensions Department (NATIONAL PENSION COMMISSION)
Outline Introduction Establishment and Coverage of the CPS Administration of Retirement Benefits Under the PRA2014 RSA Registration and Funding Transitional Provision for Public Sector Other new provisions Areas of Inconsistency of the LSPRL 2007 with the PRA 2014 Introduction The signing of the PRA 2014 into law in July 2014 […]
SEMINAR ON PROVISIONS OF PENSION REFORM ACT,2014 PENSION FUND INVESTMENT/ADMINISTRATION/PROGRAMMED WITHDRAWAL MODULE By Fatai Olufeso Adegboyega Premium Pension Limited
Content The PRA, 2014 Object of the Investment Regulation Pension Fund Assets Investment Regulation Institutional Framework General Principles Authorized Markets Allowable Instruments Quality Requirements of Allowable Instruments Conflict of Interest Investment Limits Performance Benchmark RSA Retiree Fund Violations of Investment Limits Administration of Retirement Benefit Documentation & Processes Administration of […]
Faces at the 2015 annual workshop of the Offices Representatives Committee (ORC) of the Chartered Insurance Institute of Nigeria
Address by Faith Ughwode, Chief Executive, Almond Productions Limited, during the official opening of the 2015 Insurance Consumers’ Forum
Address by Faith Ughwode, Chief Executive, Almond Productions Limited, during the official opening of the 2015 Insurance Consumers’ Forum on Wednesday October 28, 2015 at the Lagoon Restaurant, Victoria Island, Lagos. PROTOCOLS A warm welcome to the third edition of the Insurance Consumers’ Forum. Jimmy Dean, in his popular quote […]
Competitive advantage through excellent service
A paper presented By Ekaete Augustine-Edet at the 2015 Insurance Consumers’ Forum on Wednesday October 28,2015 at the Lagoon Restaurant, Victoria Island, Lagos. Introduction No business today can afford to ignore two very important people: the customer and the competitor. Organisations that focus hard on the quality of service […]
NAICOM urges MDAs to set up insurance desks
Leave a comment Chuks Udo Okonta The Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mohammed Kari has advised Ministries, Departments and Agencies of government to set up insurance desks or units in their various offices and ensure compliance with the provisions of extant laws in […]
STI Plc elevates two staff to position of Executive Directors
Foremost underwriting Firm, Sovereign Trust Insurance Plc has announced the elevation of two of its erstwhile General Managers to the position of Executive Directors respectively. The duo who by their recent elevation will automatically become Board Members of the company are Mr. Olaotan Soyinka and Mrs. Ugochi Odemelam. Soyinka before […]
