The Total Pension fund assets under the Contributory Pension Scheme (CPS) have grown approximately to N15.58 trillion in March 2023 compared to N15.45 trillion in February 2923 said the National Pension Commission (PenCom). The Pension Fund Assets increased approximately by…
National Insurance Commission (NAICOM) has charged operators within the industry to comply with its new guidelines on products and services to ensure professionalism. Mr Rasaaq Salami, Head, Corporate Communication and Development, NAICOM said this in a statement on Friday in…
Sanlam General Insurance Nigeria Ltd. posted a Gross Premium Written (GPW) of N11.4 billion and paid N3.1 billion as claims in 2022. The Managing Director/Chief Executive Officer of the company, Mr Bode Opadokun, disclosed this in a statement in Lagos.…
Veritas Kapital Assurance Plc has reported 46 per cent increase in its Profit After Tax from N570.4 million in 2021 to N833.6 million in its 2022 audited financial statement. The insurance company’s Managing Director, Mr Kenneth Egbara, said this in…
By David Awoyemi Osun State Governor, Ademola Adeleke has approved the payment of all debts to service providers under the Osun Health Insurance Scheme (OHIS), in a bid to continue to provide quality and accessible health services to the masses,…
No fewer than 168,768 workers have changed their Pension Fund Administrators and moved N663.761billion Retirement Savings Accounts since the National Pension Commission opened the window of transfer. The window of transfer allowed workers to move their savings from a PFA…
The Pension Transition Arrangement Directorate (PTAD) says it is working with the National Salary and Wages Commission to actualise pension harmonisation soon. The PTAD’s Executive Secretary, Dr Chioma Ejikeme said this during an interview with newsmen at the two-day North-East stakeholders’…
The Board of Directors of AIICO Insurance Plc has pursuant to the powers vested in it by the provisions of section 426 of the Companies and Allied Matters Act (CAMA 2020) of Nigeria proposed a final dividend of 3 kobo…
The National Insurance Commission (NAICOM) and Insurance operators have decided to publish all outstanding claims in Nigerian newspapers. This development came to light during a press briefing after the 14th Insurers’ Committee meeting held in Lagos while the Head of…
The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that was invested in fixed deposits and bank acceptance to N1.6trillion in February. This was as the total funds under the scheme hit N15.49trillion in the period under…
