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…
By Asishana John Having obtained the necessary approvals from all relevant regulatory authorities, Law Union and Rock Insurance Limited has transited to Tangerine General Insurance Limited (“Tangerine General”). This development follows an earlier acquisition by Verod Capital Management Limited, through…
…Calls for improved reading culture The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of NCC, Professor Umar Garba Danbatta, has called on private and public institutions to leverage Information and Communication Technology (ICT) to digitise their hard copy knowledge…
By Asishana John The Chief Executive Officer of Africa Specialty Risks, a platform that specializes in risk mitigation solutions to local and global customers across the African continent, Mikir Shah, has hinted on building out African-focused insurance and reinsurance products…
