By Asishana John The Lagos State Government says it has paid 245 retirees over N1bn pension benefits for the month of August. The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, said this during the 88th Bond Presentation Ceremony in…
By Asishana John Veritas Kapital Assurance Plc has posted Gross premium amounting to N6,063,203 for the year, 2020 financial year, which translates to 105 percent growth when compared to N2,953,792 recorded in the 2019. While the Underwriting Profit accounted N1,203,658…
By Asishana John Transactions in the shares of Sovereign Trust Insurance, Mutual Benefits Assurance, and Transnational Corporation of Nigeria Plc dominated in volume terms, at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited…
By Asishana John A set of retirees under the Contributory Pension Scheme (CPS) wishing to earn pensions for life has put down N474.1 billion premium with life insurance companies offering retiree life annuity. Retirees bet N474bn in payment for life…
By Asishana John LASACO Assuran ce Plc has reported 11 per cent increase in its total assets despite the challenging operating environment in the country, In the financial report, the insurer declared N10.94billion gross premium written (GPW) in the year…
By Asishana John The Asset Management Corporation of Nigeria (AMCON) is still holding tight the Management of NICON Insurance and Nigeria Reinsurance. This follows Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on order on Monday that…
By Asishana John AIICO Insurance Plc, launched the ELLA; a dedicated instant messaging service with built-in features that help customers make instant purchase or renewal of policies in continuation of its innovations to further brighten its market opportunities through quality…
By Asishana John There is a need for insurance operators to embrace prompt payment of claims to retain public trust and ensure the sector contributes optimally to economic growth. This was the submission of the chairman of the Capital Express…
By Asishana John Stakeholders in the insurance industry across the African market are to gain an economic value chain as Nigeria is set to host the 47th yearly African Insurers Organisation (AIO) Conference and General Assembly in Lagos from September…
By Asishana John The National Insurance Commission (NAICOM), has rolled out various strategic plans aimed at bringing into insurance net, over 10million informal sector operators. These include Nano, Micro, Small and Medium Enterprises’ owners across all sectors of the economic.…
