(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: South Africa Insurance Review (Six Groups) – Rating Action Report here LONDON, December 14 (Fitch) Fitch Ratings has completed a review covering six insurance groups within South Africa focused exclusively on the impact of Fitch’s downgrade […]
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159 professionals join insurance workforce
From left: Immediate Past President, Chartered Insurance Institute of Nigeria(CIIN), Past Mr. Bola Temowo; President, CIIN, Lady Isioma Chukwuma and Deputy President, CIIN, Mrs. Funmi Babington-Ashaye at the 2015 Graduation Ceremony of the institute in Ikeja, Lagos. Leave a comment Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) […]
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA, DURING THE INSTITUTE’S 2015 GRADUATION AND AWARDS CEREMONY
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA, DURING THE INSTITUTE’S 2015 GRADUATION AND AWARDS CEREMONY HELD ON TUESDAY 15TH DECEMBER, 2015 AT 10 DEGREES EVENTS CENTRE, IKEJA, LAGOS STATE OF NIGERIA. PROTOCOLS It is my pleasure to welcome you most heartily on the occasion […]
Retirees in Lagos State get N1.9 billion cash
Leave a comment Chuks Udo Okonta The Lagos State Government has paid another batch of retirees numbering 298 from the State Public Service for the month of December.This, Dr. Akintola Benson Oke, the Commissioner for Establishments, Training and Pensions says demonstrates government’s commitment to the welfare of its workers that […]
Analyst advises NAICOM to reduce licence requirements for brokers
An Insurance analyst, Mr Muftau Oyegunle, on Sunday advised the National Insurance Commission (NAICOM) to reduce licence renewal requirements for insurance brokers. Oyegunle, who made this call in an interview with the News Agency of Nigeria (NAN) in Lagos, urged the commission to consider two to three years documentation requirements […]
FBNInsurance fetes her stakeholders at 5
When FBNInsurance rolled out the drums on Friday, 4th December 2015, in celebration of her 5 years of operations, it was clear from all indications that the foremost insurance company had many reasons to celebrate. The company currently ranked 5th in the Life Insurance business had a healthy premium income […]
Insurers move to implement resolutions from mega confab
Ahmed Leave a comment Chuks Udo Okonta The Director Generals and Executive Secretaries of the various arms of the insurance industry have been mandated to ensure full implementation of resolutions reached at the Insurance Mega Conference, Inspen can report. It was gathered that the directors and secretaries were constituted into […]
Pensioners Ask Government To Pay Arrears
Pensioners The Nigerian Union of Pensioners have asked the federal and state governments to pay all pension arrears they are owing retirees to ease their sufferings. The union made the appeal at a news conference to mark the 2015 Pensioners’ Day at the Nigeria Labour Congress headquarters in Abuja. December […]
CPS good tool of managing finances – PenCom
Mrs. Chinelo Anohu-Amazu Leave a comment Chuks Udo Okonta The adoption of Contributory Pension Scheme (CPS) by States is one effective tool of managing finances, especially at a time of lean available public resources, the National Pension Commission (PenCom), has canvassed. Its Director-General Mrs. Chinelo Anohu-Amazu, said this at the […]
A.M. Best Withdraws Ratings of Sterling Life Insurance Company
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Sterling Life Insurance Company (Sterling) (Chicago, IL), a subsidiary of Cigna Corporation (Cigna) [NYSE: CI]. The ratings of all Cigna’s subsidiaries remain under review with developing implications following the announcement of […]
