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23 Mar 2015
The NAIC boss said “NAIC has the experience of being the foremost insurer of agricultural related risks for over the past two decades. It remains our utmost intention to remain the market leader in this regard. As such, we will continue to provide adequate insurance cover using various customized products, across the entire agricultural value chain for all risks. This to ensure that the huge financial investment in Agriculture remains protected”.
23 Mar 2015
The PenOp boss explained that from all economic statistics, pension fund have been protected in this country by regulation and practice of operators. Safety is the most paramount thing. Liquidity is the next, because contributors get paid not by bread and butter, people get paid in cash, therefore pension must be liquid, the next is returns on investment as part of the business, you cannot keep money stagnant.
22 Mar 2015
After Julie Davis of Louisville, Kentucky, had to change insurers last May, her pharmacy called. Refilling her prescription of Keppra XR, a drug that controls seizures, would cost Davis $1,267 out of pocket under her new plan, which carried an $11,000 deductible for her family, she said. Davis, who has epilepsy, switched to a generic version of the drug, but then suffered seizures in July, August and December.
22 Mar 2015
The Managing Director, Cornerstone Insurance Plc, Life and Retail, Cornerstone Insurance Plc. Tokunbo Bello, said “GPP provides a quick and dependable solution to a major customer dissatisfaction which may arise from the purchase of a new device – damage. More so, you have the peace of mind that your gadget is covered by Cornerstone Insurance PLC that is licensed by NAICOM to transact General, Life and Takaful businesses in Nigeria ”
22 Mar 2015
THE Nigerian Council of Registered Insurance Brokers (NCRIB) has advocated enforcement of ethics and professionalism in the business of broking. The President of the Council, Ayodapo Shoderu, in his address at the second yearly conference and exhibition of the Ghana insurance brokers association in Elmina, Ghana, said the issues of ethics and professionalism the kernel…
22 Mar 2015
“Being a public opinion that FUG Pensions merits this award is one of the greatest things that has happened to the company as we are challenged by this recognition to do even more. As the CEO of this company, I pledge more sterling and personalized service delivery to our retirees. We are in the service for humanity and we shall not renege in this promise.”
NAICOM-training-pix
8 Mar 2015
…NAICOM may not renew licence of defaulting firms THE 2012 compliant accounts of the International Financial Reporting Standards (IFRS) set by government for insurance and brokerage entities, may have hit hard on the ability of insurance brokers to submit their audited financial statements for 2013.    As a result, the National Insurance Commission (NAICOM) has…
8 Mar 2015
DETERMINED to emerge an international organisation, WAICA Reinsurance Corporation Plc (WAICA Re) intends to expand its operations across the entire African continent, Asia and the Middle East as soon as possible.    The Managing Director of WAICA Re,  Abiola Ekundayo, who disclosed this during the company’s yearly general meeting in Accra, Ghana, informed that plans…
8 Mar 2015
LASACO Assurance Plc has returned to a composite structure having merged the Life operations with the General effective from 2015 financial year  This strategic move is aimed at running a seamless insurance business, positioned to deliver world class service.                                 …
8 Mar 2015
AS the economy contends with declining revenue over falling oil prices and depreciation of the naira, which may affect premium income of insurance companies, the sector has the potential to grow volumes and enhance shareholder value, analysts have said. This will require that insurance companies device means to take advantage of growth opportunities around it…
8 Mar 2015
NEM, AIICO Insurance and 19 others  in the insurance and Pension industry have been named as nominees for the Businesstoday Online second edition 2014 awards  scheduled to hold in May, 2015. The company disclosed this through a statement signed by its Managing/CEO, Nkechi Naeche, that the yearly award which is in eight categories exceptional for…
8 Mar 2015
MMI Holdings has R1bn to spend on growth opportunities in SA and the rest of Africa, particularly to build scale in existing businesses.   SA’s third-largest insurer has acquired a number of businesses in the past three years to achieve growth and diversify earnings. However, its rest-of-Africa operations are far smaller than rivals Sanlam and…

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