By Asishana John The Institute and Faculty of Actuaries (IFoA) has awarded a Quality Assurance Scheme accreditation to AIICO Insurance, making the firm the first in Nigeria to bag such feat. AIICO’s Chief Actuary, Mr Wycliffe Obutu announced this in…
By Asishana John The Contributory Pension Scheme (CPS) assets that lost some funds in February has recorded N92 billion increased in March. The National Pension Commission (PenCom) disclosed this in its official website, in the unaudited report on pension funds…
By Asishana John Sovereign Trust Insurance Plc has announced a Profit Before Tax (PBT) of N510 million for the first quarter of 2021. A statement made available by the insurer on Tuesday in Lagos indicates that the figure represents 66…
By Asishana John Pension operators in Nigeria constrained economy are beginning a 12-month hunt for additional N4 billion in new capital after a review by regulators raised minimum regulatory capital to N5 billion from the current N1 billion level. The…
By Asishana John AIICO Insurance recorded a 19 per cent decline in its profit after tax in the frst quarter of 2021 compared to the amount recorded during the same period last year. The fall comes despite the insurer recording…
By Asishana John Sovereign Trust Insurance has improved its profit after tax, for the first quarter of 2021 by 43 percent. This was contained in the financial statement made available on the Nigerian Exchange Limited (NGX). According to the financial…
By Asishana John Willus Tower Watson has revealed that global investment in the insurtech sector rebounded from its COVID-19 related slowdown a year ago to hit a new quarterly high of $2.55 billion in the first quarter of 2021. According…
By Asishana John The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said the state government paid over N1bn to retirees in April. He disclosed this while delivering a speech at the retirement bond certificates presentation ceremony to the…
By Asishana John Commitment to pushing technological boundaries towards meeting the needs of clients whilst ensuring data privacy has been described by the management of Stanbic IBTC Pension managers as one of its priority and non-negotiable. Head, benefit administration and…
By Asishana John AXA Mansard Pensions has finally given way to Tangerine Pension Limited in a name change that many industry watchers long expected after the latter’s acquisition by Verod Capital through its controlled vehicle, Eustacia Limited. Approval for the…
