Quarterly comprehensive car insurance premiums in Britain rose 4.8 percent, the biggest rise since 2010, according to Confused.com’s car price insurance index. The increase, which has been steady for the past year, pushed the average premium for an annual comprehensive car insurance policy to £629 ($965.45), data from price comparison […]
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We inherited N14.3bn pension liability in Kaduna – El Rufai
Governor Nasir El-Rufai of Kaduna State, has said his administration inherited a pension liability of N14.3 billion when he assumed office in May. El-Rufai made the disclosure at the maiden edition of the African Pension Award organised by the World Pension Summit Africa in Abuja. “When we got sworn in […]
How can insurers and Mobile Network Operators’ partnerships be sustained?
… MicroSave argues that a sophisticated approach to m-insurance is needed. Mobile insurance is insurance sold through and with mobile network operators, offers a strong value proposition for deepening insurance penetration. Mobile insurance from telcos has been dominated by loyalty models, in which a mobile network operator (MNO) pays […]
Insurance Ombudsmen seek more powers
99 per cent of the Ombudsmen awards were honoured while only some of them were challenged in consumer courts Insurance Ombudsmen have sought more powers to settle higher claim cases as the number of complaints continue to increase. “Ombudsmen should be conferred with more powers and the Government was […]
Buhari meets Saraki, Dogara, others
President Muhammadu Buhari will this evening meet with the leadership of both the Senate and the House of Representatives. President of the Senate, Bukola Saraki, and Speaker of the House of Representatives, Yakubu Dogara, are expected to lead the lawmakers to the meeting scheduled to start at 9pm. The agenda […]
Faces at the Project Gray 2.0 organised by PenOp and some NGOs
PenOp partners NGOs on free healthcare for elderly
Leave a Comment Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) in partnership with selected Non- Government Organisations (NGOs) have given Corporate Social Responsibility (CSR) in Nigeria a boost as about 1000 elderly people have been targeted to receive free treatment for various levels of ailments in […]
Women’s insurance market to touch $35 billion by 2030
Mumbai: Growing awareness of insurance products and increasing number of women in workforce is expected to result in two to four times growth in annual women’s insurance market in India by 2030. According to a study done by AXA in association with International Finance Corporation (IFC), the Indian women’s insurance […]
Micro insurance capacity building for the Nigerian insurance market
The ILO’s Impact Insurance Facility is holding a training titled Unlocking the demand for Micro insurance products: How to deliver what your clients see as value organised by the Facility together with the Centre for Insurance and Financial Management Studies with the support of the Global Index Insurance Facility and […]
NICON Insurance Pays Outstanding N400 Million Debts
In compliance with the National Insurance Commission’s (NAICOM) September 30 deadline for payment of all outstanding claims by insurance firms, the new Management of NICON Insurance Ltd, said it has settled all outstanding claims in the company’s files. The claims settled by the company are a total of N400 million. […]
