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NCRIB board member emerges LLTC President

The Lagos Lawn Tennis Club has elected a new President. He is Barrister Rotimi Edu, a Registered Insurance Broker and Chairman of the West African Insurance Brokers Association (WAIBA). Edu, a product of the Lagos State Polytechnic and the University of Lagos where he studied Insurance and Law respectively, has promised to bring to bear his repertoire of knowledge in taking the club to higher heights.

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Leadway Assurance launches funeral cover plan

Leadway Assurance Company Limited has launched a new life product named the Leadway Family Benefit Plan Plus (LFBPP). The product is a multi-life policy designed to cover funeral expenses for the assured lives (spouse, parents and/or parents-in-law that are named in the policy) and the policy holder (person who purchased the policy). The policy helps to alleviate and bury the worries associated with the funerals for elderly loved ones.

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CPS: Most successful govt initiative —Dikko

The Contributory Pension Scheme, CPS, is arguably the most successful government initiative in recent times and a clear testimony to the effectiveness of private-sector-driven rendition of service in critical sectors. Chairman of Premium Pension Limited, Mr. Aliyu Dikko, who made this assertion, noted that year 2014 marked 10 years of the introduction of the CPS in the country and it was a general consensus that the industry has recorded tremendous successes.

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AACN showcases Nigeria abroad

The Association of Assets Custodians of Nigeria (AACN) has successfully concluded its fourth annual investor conference held on the 7th of May, 2015, in London, with the theme – Nigeria: Navigating changes, Extracting opportunities. The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, represented by the Director of Reserve Management, Mr. Lamido Yuguda, opened the event with the keynote address.

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IEI gets new board following dissolution by NAICOM

The National Insurance Commission (NAICOM) has dissolved the board of International Energy Insurance Plc. In its place, a three-member interim board has been appointed to oversee the affairs of the company while necessary investigation is being conducted. As part of this intervention, the Chief Executive Officer and some key officers will proceed on leave to pave way for a thorough investigation of the affairs of the company.

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Goldlink Insurance partners G31000 for first training in Nigeria

Goldlink Insurance Plc has sponsored the Certification Training and Examination in ISO 31000 Risk Management by the Global Institute of Risk Management Standard (G31000). President of Global Institute of Risk Management Standard headquartered in France, which is the global platform for ISO 31000, Alex Dali, was at the event to oversee the 3-day master class that had participants from Goldlink Insurance, Leadway Assurance, Renaissance Capital, First Bank of Nigeria, Sovereign Trust Insurance, International Energy Insurance and Calabar Microfinance Bank Limited in attendance.

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How insurance is taking over the communal way of living

Nigerians are communal people by nature. In the past, people of the same community do things in common to the extent that when a bread winner of a family dies, members of his community come together to bring up his children. Unfortunately, that kind of communal living is fast fading out. The world is changing fast and Nigeria is not left behind. As the world becomes a global village, the community living is disappearing and everyone is concerned about his immediate family and welfare.

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