The Netherlands’ biggest insurance company Achmea plans to offer premium discounts to customers who agree to have their behaviour at home and in the car monitored, the Financieele Dagblad says on Thursday. For example, Achmea is working with Google Nest to develop a meter which will be linked to […]
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Buhari sends 21 names to senate
The Senate President Bukola Saraki Wednesday received the Ministerial list from President Muhammadu Buhari, just as the names would be forwarded in batches. It was gathered that instead of thirty – six names, President Buhari sent twenty – one names as Ministerial nominees to the Senate President, with plans to […]
Longe now PenOp’s Chairman
Leave a Comment Chuks Udo Okonta The Managing Director AIICO Pension Managers Limited Eguarekhide Longe, today emerged the Chairman of the Pension Fund Operators Association of Nigeria (PenOp). He was elected into the position at the association’s annual general meeting in Lagos. He is taken over the mantle of leadership […]
Gamaliel Onosode is dead
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, […]
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, […]