insurance and pension news
Saturday, September 20, 2025
*Strengthens footprint in the pension sector Kindly leave a comment and share Chuks Udo Okonta Leadway Holdings Limited (“Leadway”), one of Nigeria’s foremost and most diversified financial services groups, has announced that it has reached an agreement to acquire 100 per cent equity interest in Pensions Alliance Limited (“PAL”), a […]
Kindly leave a comment and share Chuks Udo Okonta The enactment of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 has brought great delights to insurance practitioners and stakeholders, even as it is expected to reposition and transform the sector. Whilst the Act remains a great piece of legislation, it […]
kindly leave a comment and share Chuks Udo Okonta The Securities and Exchange Commission (SEC) has revealed haven of business opportunities in the Nigerian Exchange Group which insurance industry operators can explore to attain lofty heights. The Chairman Communication and Stakeholders Engagement Sub-Committee of Insurers’ Committee/Managing Director Rex Insurance Limited […]
Kindly leave a comment and share Chuks Udo Okonta Guinea Insurance Plc said its insurance revenue rose by 36.6 per cent, increasing from N2.08 billion in 2023 to N2.84 billion in 2024. The firm said this yesterday at its 67th Annual General Meeting (AGM) held virtually and provided shareholders an […]
Kindly leave a comment and share Chuks Udo Okonta Agusto & Co. has assigned strong ratings to the Life and General businesses of Nigeria’s fastest growing insurance group, Heirs Insurance Group. Heirs Life Assurance (HLA), the Group’s specialist life insurance business, was upgraded from “A-“ to “A” (long-term), with a […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Exchange Limited. (NGX) on Wednesday lifted the suspension placed on trading on the shares of Universal Insurance Plc, effective Wednesday September 3, 2025. This development enables shareholders to resume trading the company’s shares on the NGX platform. In its […]
Kindly leave a comment and share Chuks Udo Okonta The Head Strategy NEM Insurance Plc Julius Elusakin, has enumerated how Insurance can improve the lives of young engineers. He disclosed this yesterday, while speaking at the SEES Light-Up conference organised by the Electrical and Electronics Department of University of Lagos. […]
Kindly leave a comment and share Chuks Udo Okonta Insurance Practitioners have debunked the claims by some members of the public that insurance of public buildings would lead to an increase in rent. Some members of the public have been expressing misgivings over sections of the recently signed Nigerian Insurance […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance Industry Reform Act (NIIRA) 2025 has mandated insurance companies to pay 0.5 per cent of underwriting profit on motor business into the Road Safety and Accident Victims Compensation Fund, of which 30 per cent should be given as […]
Kindly leave a comment and share Leadway Group, Nigeria’s leading non-banking financial services group, has announced the successful graduation of 33 young developers from its tech programme, an intensive 13-month training designed to build next-generation experts in Frontend, Backend Programming, and Data Analytics. Fully sponsored by Leadway, reflects its long-standing […]
