“The pension industry players have a joint responsibility, not only to consolidate on the successes of the reform recorded this far, but also to build a sustainable pension industry that can effectively deliver on its primary social mandate of retirement benefits payment.” Acting Director-General, National Pension Commission, Mrs. Aisha Dahir-Umar
Quotes
Professional Experience
“Some staff run away from too much work. I tell people that in professional practice, too much work is the experience people talk about. If you are in practice for 10 years and you do not have enough work, that 10 years is nothing. Somebody that worked for two years […]
Insurance recapitalisation
“I must still say that it is a misnomer that NAICOM thinks that the only way to develop the sector is just to be increasing capital year in, year out. Currently we are not able to return profit on the amount of capital we are working with. Insurance is totally […]
Digital Insurance
“Let me restate that any professional who wants to remain relevant must see the opportunities in the threats posed by this digital era” President, Chartered Insurance Institute of Nigeria, Eddie Efekoha
Claims payment
“It is imperative for me to remind us here that your companies are in the business of insurance primarily to settle genuine claims made by policyholders” Acting Commissioner for Insurance, Sunday Thomas
Theresa May’s cabinet: Who’s in and who’s out?
Breaking: FG removes subsidy, fuel to sell for 145 per ltr
The Federal Government, Wednesday, removed subsidy on Premium Motor Spirit, also known as fuel as it will now sell for N145 per litre. The Minister of State for Petroleum, Ibe Kachikwu, announced the policy change in Abuja on Wednesday afternoon, confirming PREMIUM TIMES exclusive report of Monday, May 9 on […]
Breaking: Axa to underwrite political risks in Africa from May 1
Axa has entered the African specialty market via a special purpose syndicate (SPS) arrangement with Chaucer Syndicate 1084, it announced today (19 April). Axa Africa Specialty Risks will write speciality lines including political risks, energy and infrastructure for the African market from 1 May. The partnership will initially utilise Axa’s […]
Volkswagen CEO Martin Winterkorn quits over biggest scandal in its 78-year history
Volkswagen Chief Executive Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker’s rigging of US emissions tests in the biggest scandal in its 78-year history. “Volkswagen needs a fresh start – also in terms of personnel. I am clearing the way for this fresh start with my resignation,” […]
Ben Carson ‘should quit 2016 race’ over Islam remarks
Calls are growing for Republican Ben Carson to quit the 2016 race after he said a Muslim should not be president. BBC reported that Muslim-American groups, among others, have said these views make him unqualified to run himself. Mr Carson, a Christian, made the comments on Sunday, adding that Islam […]