INSURANCE

Experts to address annuity arrangement issues

Insurance and pension experts will be addressing issues on life annuity under the Contributory Pension Scheme, in view of its impact on the stakeholders. A statement from the Managing Director, BusinessToday, Nkechi Naeche, said the...

Axa Mansard assures shareholders of improved performance, dividend

Axa Mansard Insurance Plc has assured shareholders of the firm’s resolve to continually exceed stakeholders’ expectation through improved performance and good dividend payout. Besides, the company’s shareholders approved the firm’s 5 kobo dividend for the...
NAICOM Releases Names of Qualified Insurance Brokers

NAICOM tasks insurers on regional integration

  - NAICOM tasks insurers on regional integration Insurance operators across West Africa have been advised to leverage the political structure of the Economic Communities of West African States (ECOWAS) to rethink the historical colonial...

Stanbic IBTC pledges to change perception of insurance industry

Stanbic IBTC Insurance Brokers Limited, member of Stanbic IBTC Holdings PLC, has announced its plans to deploy trust-building measures that would plug major gaps in the insurance value chain in Nigeria. With the ultimate aim...

Law Union & Rock Insurance in 2.1% equity swap

About 2.1 per cent equity in Law Union and Rock Insurance Plc was swapped at a premium in a pre-arranged transaction that was merely formalised through the Nigerian Stock Exchange (NSE). A report on the...

Stanbic IBTC seeks growth of Insurance brokerage services

Worried by the challenges plaguing the Nigerian insurance industry, Stanbic IBTC Insurance Brokers Limited, is poised to move the nation’s insurance sector to an enviable height. With the ultimate aim of enhancing insurance penetration in...

Commotion over N22b pension legacy fund

The Pension Transitional Directorate Department (PTAD) was established in 2013 to manage the N22 billion pension legacy fund under the old pension scheme known as Defined Benefit Scheme (DBS). But the agency literally is...

Insurers authorized to sell insurance products through Bancassurance

Insurance firms have been authorised to sell insurance products in banks through the Bancassurance Referral Distribution Model with an application and licensing fee of N500, 000 and N2.5 million from April 1. This was made...
ICT potentials in nigeria

Chartered Insurance Institute says Technology curbing fraud

The use of technology by insurance firms in the premium payment system has helped curb fraudulent activities of agents, President, Chartered Insurance Institute of Nigeria (CIIN), Lady Isioma Chukwuma has said. She spoke during a...
NAICOM Releases Names of Qualified Insurance Brokers

NAICOM to Release Guidelines for Reactivation of Brokers’ Lapsed Licenses

The National Insurance Commission (NAICOM) has said it will at the end of this month, release the guideline for brokers to activate their lapsed licenses. This is as it said it has commenced the...

FG to review Group Life Insurance policy for civil servants

THE federal government has still not payed the N5.4billion premium of its civil servants in the country six months after it was due for renewal. The Head of the Civil Service of the Federation, HOCSF,...
NAICOM Releases Names of Qualified Insurance Brokers

NAICOM met with CBN to reinstate bancassurance – official

The National Insurance Commission (NAICOM) on Friday said it had held a meeting with the Central Bank of Nigeria (CBN) to reinstate the sale of insurance products in banks (bancassurance). A statement by NAICON Spokesman,...

SOCIALISE

57,555FansLike
62,531FollowersFollow
3,247FollowersFollow
10SubscribersSubscribe

LATEST HEADLINES