insurance and pension news
Thursday, May 15, 2025
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said strong financial base is key to success of the insurance industry. The Commissioner for Insurance Olusegun Omosehin, said this at the 2024 Chartered Insurance Institute of Nigeria (CIIN) Professionals’ Forum in Abeokuta, Ogun State. […]
Kindly leave a comment and share Sovereign Trust Insurance Plc (the Company) has announced that the company’s 29th Annual General Meeting will be held on Thursday, September 26, 2024. This is coming just after the underwriting firm secured the approval of the National Insurance Commission (NAICOM) and that of the […]
Kindly leave a comment and share Chuks Udo Okonta The Regional Director, Eastern Operations of Consolidated Hallmark Insurance, Mrs. Ijeoma Pearl Okoro, has been appointed as a member of the Board of Trustees of Rotary International, the top humanitarian Non-Governmental Organisation based in Evaston, Illinois, the United States of America. […]
Kindly leave a comment and share Chuks Udo Okonta Life has being a bit choking for annuitants who bought Retirement Life Annuity (RLA) from African Alliance Insurance Plc, as they have not been paid pension benefits since May 2024, which is 4 months and still counting. According to one of […]
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc has held its completion board meeting at the Marriott Hotel in Ikeja, to finalise the capital raising of N11.1 billion through a private placement of 9.25 billion ordinary shares of 50k each at 1.20k per share. The official […]
Kindly leave a comment and share Chuks Udo Okonta The tough economic situation occasioned by the increase in price of fuel and other government policies is hitting hard on retail insurance business, Inspenonline can report. Investigations by Inspenonline revealed that most insurance companies are witnessing drop sales on retail products […]
Kindly leave a comment and share Chuks Udo Okonta Lloyd’s reinsurance business has grown strongly in recent years, with a five-year compound average growth rate of 9 per cent. According to AM Best report, in 2023, the market’s reinsurance premiums grew by 12.8 per cent, driven by material growth in […]
*Induces seven new members Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine surveyors has invited all unregistered practitioners in the marine surveying businesses to associate with the body to enable them enjoy professional support and garner quality knowledge. The President, Guild of Marine Surveyors Wale […]
Kindly leave a comment and share Guinea Insurance Plc has reported a significant 49.4 per cent increase in insurance revenue in 2023, rising from N1.36 billion in 2022 to N2.07 billion. This impressive growth, the firm said highlights the successful execution of strategic initiatives aimed at expanding market presence and […]
Kindly leave a comment and share Chuks Udo Okonta The insurance and aviation sectors are warming up for a stakeholder meeting that would help address issues around the aviation business underwriting. This was part of the resolutions reached when the Commissioner for Insurance and Chief Executive of the National Insurance […]
