AIWA to gather African insurance stakeholders to chart course for sector
By Rosemary Iwunze Africa Insurance Women Association, AIWA, is set to gather industry leaders, policymakers, and stakeholders from across the globe for its international conference to hold in November. According to the organizers, the ground-breaking event will discuss the theme: “The Future of Insurance: Trends, Challenges, and Opportunities”. The speakers include Dr. Awele Elumelu, Chairperson […]
2021 premium income for insurance industry hits N630bn — NAICOM
The 2021 Gross Premium Income (GPI) for the insurance industry has hit N630,362.35 billion, according to the National Insurance Commission (NAICOM). Mr Rasaaq Salami, the Head, Corporate Communications and Market Development of NAICOM, stated this in Abuja, on Monday. Salami said that the 2020 GPI was N514 billion, noting that the total assets of the […]
INSURANCE: AIO picks holes in regulatory capacity against decline in penetration
Insurance industry leaders in Africa have picked holes in the regulatory capacity to deal with the declining insurance penetration in the continent.
Nigeria’s diaspora remittances may beat World Bank’s projection, rise 10% to $14.2bn
By Babajide Komolafe Nigeria’s diaspora remittances inflow is set to beat the World Bank’s projection for 2021, as it rose to $14.2 billion in the nine months ending September 2021, up 10 per cent Year-on-Year, YoY, from $12.9 billion in the corresponding period of 2020, reflecting the impact of post-COVID economic recovery measures. This is […]
Sigma Pensions projects improvement in external balance in 2022
Sigma Pensions Limited has projected that Nigeria’s external sector balance and the oil sector would rebound in 2022.
PFAs to submit marketing campaign plan on micro pension by month end
Pension Fund Administrators, PFAs, are expected to submit their 2022 marketing campaign plan on micro pension to the National Pension Commission, PenCom, by end of January 2022.
