President of the local organising committee, Benhabiles Cherif, will take over as President of the AIO from outgoing President, Dr Ben Kajwang, Director and CEO of the College of Insurance in Kenya. Dr Kajwang is the former Chairman of the…
Nigeria Insurance (GNI) Plc, in its bid to create affordable insurance coverage to its existing and prospective policyholders, has re-launched affordable retail insurance products. The products, it stressed, were borne out of the need to offer more benefits to policyholders…
Leadway Pensure PFA Limited, one of Nigeria’s foremost Pension Fund Administrators (PFAs), has completed a mortgage transfer process to its Enrollee in alignment with the National Pension Commission (PenCom) guidelines. In September 2022, PenCom approved the guidelines for enrollees to…
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’…
