Expert appraises new annuity arrangement by PenCom as puzzling

Matthew Otoijagha Following the new annuity arrangement set by both National Pension Commission (PenCom) and National Insurance Commission (NAICOM) for life insurance operators, an insurance...

Deceased persons’ pensions trapped in PFAs

By Matthew Otoijagha About N10 billion belonging to deceased pensioners cannot be accessed by prospective beneficiaries, findings have revealed. It was gathered that instead of...

Global micro-insurance sector to experience CAGR of 8.2%- Report

 The international micro insurance market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 8.2% during 2016 to 2020, suggesting that...

FBN General Insurance begins awareness campaign in North East

FBN General Insurance says it has commenced awareness programs in the north eastern part of the country to sensitize residents to take insurance cover...

Tax: FIRS shuts down A&G Insurance

In continuation of its tax compliance efforts, the Federal Inland Revenue Service, FIRS, on Thursday, sealed the 11-floor headquarters of Alliance and General Insurance...

Insurance policy holders to pay more to replace insured assets

By Matthew Otoijagha As the country continues to grapple with recession, Nigerians are now paying more to replace their insured assets, investigation has revealed. Investigation showed...