African insurance penetration rate drops two percent
African average insurance penetration rate dropped from 2.78 per cent in 2019 to 2 per cent in 2020. This is
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GCR confirms STI ‘A’ rating
Global Credit Rating Limited (GCR) has confirmed ‘A’ financial rating of Sovereign Trust Insurance Plc from ‘A-‘ previous rating. The
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PenCom records N13 trillion pension fund assets in Q3 2021
The National Pension Commission (PenCom) has recorded N13 trillion pension fund assets in the third quarter ended September 30, 2021.
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Economist tells govt, utilise crude surplus to reduce budget deficit
An economic and investment technocrat has advised the Federal Government to utilise crude oil surplus arising from rise in international
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Experts recommend increased local capacity for risks retention
An insurance technocrat and economic experts have challenged local insurance firms to increase their capacity in order to retain good
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PenCom to put in motion processes for review of 2014 Pension Act
The National Pension Commission (PenCom) is to put in motion processes for the review of some salient issues in the
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PenCom approves reappointment of Umar Sanda Mairami, Premium Pension boss
The National Pension Commission (PenCom) has approved the reappointment of Umar Sanda Mairami, Managing Director/CEO, Premium Pension Limited. The board
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AIO President solicits cooperation to face challenges in Africa risk business
The President of African Insurance Organisation (AIO), Tope Smart, has solicited the co-operation of risk managers in the continent to
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Govt releases N16.67bn for accrued pension rights
The Federal Government has released N16.67 billion for the payment of accrued pension rights to 2021retirees of treasury funded ministries,
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PenCom promises safety of RSA contributions
The management of National Pension Commission (PENCOM) has promised to ensure that all pensioners under the Contributory Pension Scheme (CPS)
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