The National Pension Commission has ordered Pension Fund Administrators to temporarily waive the National Identity Number that was a mandatory requirement for retirees to get…
Posts published in “Insurance”
Aella, a fintech start-up, has stated its readiness to provide quality health insurance coverage for over 500,000 Nigerians in 2020 by making available to them…
The Managing Director/Chief Executive Officer, African Alliance, Funmi Omo, has launched an initiative to support five female undergraduates with scholarships of up to N300,000 each…
The insurance industry is worth N450billion and has opportunities for growth, the Group Managing Director, Royal Exchange Plc, Olawale Banmore, has said. Banmore spoke at…
The National Insurance Commission (NAICOM) has released a new guideline for recapitalisation of insurance and reinsurance firms. In a circular number: NAICOM/DPR/CIR/25-04/2020, dated June 3,…
South African Insurance group Sanlam becomes the only shareholder in the Nigerian life insurance company FBN Insurance and its subsidiary FBN General Insurance. The acquisition…
Leadway Assurance Nigeria plc said its claims paid to its policyholders rose from N33.9bn in 2018 to N38.5bn in 2019 financial period. A statement from…
The non-performing loans of Nigeria insurance companies and other finance organisations granted by banks have dropped by N24.28bn. Specifically, the loans dropped from N28.86bn in…
Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned virus-ravaged oil prices…
The National Insurance Commission (NAICOM) has extended the recapitalisation deadline for Insurance and Reinsurance Companies earlier slated for June 30, 2020 to December 31, 2020.