By Asishana John The management of Mutual Benefits Assurance Plc, has reiterated its commitment to further deepening retail insurance business in the country having occupied the lead position over the years. Femi Asenuga, Femi Asenuga, the Managing Director/Chief Executive Officer…
By Asishana John To further deepen insurance penetration in the country, AXA Mansard Insurance Plc., has announced the launch of its empowerment program that enables participants be their own boss. This empowerment program entails partnering with highly motivated individuals who…
The National Insurance Commission (NAICOM) has approved the new board and management of NICON Insurance Limited and Nigeria Reinsurance Corporation (Nigeria Re). The change is to enhance the smooth running, efficient and effective management of the two firms. The reason…
By Asishana John The National Insurance Commission (NAICOM) has revealed plans to sanction insurance operators that fail to implement the corporate governance guidelines in the country. The Commissioner for Insurance, Sunday Thomas, at a workshop in Lagos, said the absence…
By Asishana John The Pension operators association of Nigeria (PenOp) has called for an improvement in the penetration rate of pension which currently stands at 11 percent. PenOp, meeting recently at its annual national assembly retreat, sought a ramping up…
By Asishana John Standard Alliance Insurance Plc, has faulted its expulsion from the Nigerian Insurers Association (NIA), claiming that the exercise was premeditated with bias from some quarters in the leadership corridor of the association. This is as the company…
By Asishana John The National Pension (PenCom) has approved the RSA Fund VI non-interest investment for Sigma Pensions Limited to provide retirement savings in line with moral beliefs and values that enhance ethical investing. As a pioneer of the non-interest…
By Asishana John Leading financial services and technology platform, Tangerine officially launched with its financial service product offerings at a press conference held on Wednesday, July 7, 2021. Speaking at the press conference was Livingstone Magorimbo, Head Life Insurance, Tangerine…
By Asishana John Following Regulatory approval, FCMB Pensions Limited, a subsidiary of FCMB Group Plc, has acquired a majority stake in AIICO Pension Managers Limited, a regulatory disclosure statement signed by Kayode Adewuyi, chief financial officer, FCMB, and Ladi Balogun,…
By Asishana John The total gross claims paid by NEM Insurance Plc rose by 15 per cent to N8.4bn as of the end of 2020 from N7.3bn in 2019. The Chairman, NEM Insurance, Dr Fidelis Ayebaa, disclosed this during the…
