The Chairman Nigerian Insurers Association, Godwin U.S.Wiggle has lost his mother and matriarch of the Wiggle family, Mrs. Victoria Wiggle. She was aged 82. She was a devout christian, community leader and philanthropist. In a condolence message to its Chairman, the Director-General of the Association, Sunday Thomas expressed the deepest […]
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How pension funds can boost devt in dwindling economy– Fashola
By Clifford Ndujihe POWER, Works and Housing Minister, Mr Babatunde Raji Fashola (SAN), yesterday, decried the age-long lip service Nigerian governments had paid to diversification of the country’s economy from crude oil, noting that the mistake has caught up with Nigeria following the prevailing slump in crude oil prices. As […]
Anti corruption war can foster attainment of N1trn premium income – NCRIB boss
Leave a comment Chuks Udo Okonta The President Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren, said the insurance industry can achieve the targeted N1 trillion premium income through sustenance of the anti corruption war which is a good tool to curb all mal-practices that have stemmed insurance growth. […]
Agents write minister, seek inclusion in insurance bill review committee
Mrs Adeosu Leave a comment Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has written a letter to the Minister of Finance Mrs. Kemi Adeosun and the National Insurance Commission (NAICOM) over the exclusion of agents in the proposed committee to review the insurance bill. Its […]
KEYNOTE SPEECH AT THE NIGERIAN PENSION INDUSTRY STRATEGY IMPLEMENTATION ROADMAP RETREAT ON JANUARY 21-23, 2016
Fashola Ladies and Gentlemen, we are gathered at a historic time to discuss an important matter. Some may see a Pension Conference, but I see more. I see a future for Africa, led by Nigeria, using the resources of the people to build a future that includes the people. It […]
BRIEF-Great Nigeria Insurance reports FY 2015 profit before tax of 466.4 million naira
Great Nigeria Insurance Plc : * FY 2015 profit before tax of 466.4 million naira versus 714.3 million naira a year ago * FY 2015 net premium earned of 1.81 billion naira versus 1.99 billion naira year ago Source: bit.ly/23gUs4W Further company coverage:
High risk South African crops excluded from insurance
South African insurers are cutting cover of some crops planted by farmers due to the high risk posed by the drought. Vegetable crops in northern regions are said to pose too much of a risk for some insurers, while premiums for farmers who can get cover are rising. “As part […]
Prudential, LeapFrog To Invest African Life Insurance Cos.
By Benjamin Horney Prudential Financial Inc. and Port Louis, Mauritius-headquartered private investment company LeapFrog Investments are teaming up to launch a $350 million investment vehicle that will plug capital into life insurance companies across Africa over the next three to five years, the companies said Thursday. The agreement sees Prudential […]
X Chief executive of the nation’s largest pension fund steps down
Anne Stausboll, chief executive of CalPERS, said she is stepping down at the end of the… more PHOTO COURTESY OF CALPERS chief executive of CalPERS, said Thursday that she is stepping down at the end of the fiscal year, finishing a seven-year tenure in which she led the agency through […]
Bankruptcy law for Puerto Rico counterproductive: insurers association
Puerto Rico’s Governor Alejandro Garcia Padilla addresses the media after a meeting with U.S. Treasury Secretary Jack Lew (not pictured) in San Juan, Puerto Rico, January 20, 2016. REUTERS/ALVIN BAEZ The Association of Financial Guaranty Insurers (AFGI) said on Friday that granting bankruptcy protections to the government of Puerto Rico, […]