Ughwode Leave a comment Chuks Udo Okonta Almond Productions Limited producers of Almond Finance and Wealth Report on television and Wetin Insurance Dey Do Sef on Radio said it is expanding its viewership strength to Ibadan and environs. A statement by the Chief Executive Officer (CEO) Ms. Faith Ughwode, said […]
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The immoral UK pension policy discriminates against expats
Freezing pensions of British expats is an example of blatant miserly British Government discrimination from a nation which believes in and promotes itself as being fair minded, respecting equality, sound ethics and moral behaviour, writes Jim Tilley. There are 250,000 retirees in Australia all of whom are in receipt of […]
Insurance Bill in Parliament seeks to regulate microinsurers
BY LINDA ENSOR THE Insurance Bill, tabled in Parliament on Friday, will introduce a regulatory framework for microinsurers and a consolidated legal framework for the prudential supervision of insurers, the bill’s memorandum says. The bill introduces a new solvency assessment and management regime to ensure the financial soundness of insurers, […]
South Africa’s Liberty buys control of Ugandan short-term insurer
JOHANNESBURG (Reuters) – South Africa’s Liberty Holdings has bought a controlling stake in a short-term insurer in Uganda for an undisclosed sum, pursuing its strategy of expanding on the African continent. The deal gives Liberty a 51-percent stake in Madhvani Group’s short-term insurer, East African Underwriters Ltd (EAUL). EAUL provides […]
Why you should insure your spouse
Taking out life or funeral insurance on your spouse is often seen as a sinister move or the ‘elephant in the room’ among couples For this and other reasons, spouses tend to neglect this responsibility, exposing their families to unnecessary financial risk. Lee Bromfield, CEO of FNB Life, said this […]
THE IMPACT OF A WEAK RAND ON INSURANCE BROKERAGE FEES
By: Trust Matsilele The weakening rand is hurting South Africa’s insurance industry and the short-term sector is the most affected, this is according to industry players. Those in the sector say insurance companies dealing with motor vehicles are feeling the impact especially in cases where car parts need to be […]
Ghana is one of most attractive African countries for insurance industry growth – EY study
Ghana is one of the African countries with the most attractive mix of risk and opportunities for the insurance industry, a survey of seven key markets in East and West Africa by EY (Ernst & Young) has found. The survey examined 125 insurance executives and regulators in the East African […]
NIGERIAN PENSION FUNDS FINISH STRONG AMIDST MARKET TURMOIL IN 2015
Despite the market turmoil of 2015 arising from the global effect of the melt down in China and the oil glut, pension funds in Nigeria were able to finish the year with strong returns. QFAnalytics analyzed data drawn from a number of pension fund management and administration sources for the […]
Ontario pushes ahead with new government pension plan
Ontario, Canada’s most populous province, said on Tuesday it will push ahead with the launch of a new government pension plan rather than counting on an expansion of the country’s existing federal plan.The Ontario Retirement Pension Plan (ORPP) is set to be introduced in 2017 and is designed to benefit […]
Pension cash spending choices revealed
By Kevin Peachey Personal finance reporter People raiding some or all of their pension pot under reforms introduced in April were most likely to spend it on home improvements. Doing up the house was more popular than big one-off spending on holidays or cars, research has suggested. Overall, those aged […]
