Category: Insurance & Pension

NAICOM confirms takeover of Unic Insurance Plc

The National Insurance Commission on Friday confirmed it had taken over the management of Unic Insurance Plc to re-position the company for better performance. NAICOM’s spokesman, Mr. Rasaaq Salami, said in an interview with the News Agency of Nigeria in Lagos that the takeover became imperative to rescue the company from distress. Salami said the commission…

Leadway Assurance Urges Policy Holders To Demand Claims From Operators

The Executive Director (ED), Leadway Assurance Company Limited, Ms. Adetola Adegbayi, has urged insured Nigerians to always demand for claims from their insurers whenever an insured risk occurs. Adegbayi, who stated this during a media training organised by Leadway Assurance for insurance correspondents, in Lagos, noting that most Nigerians who purchased insurance policies are ignorant…

GREAT NIGERIA INSURANCE UNVEILS PAN-NIGERIA RADIO CAMPAIGN TO DRIVE BRAND

Mrs. Cecilia Osipitan, Managing Director/CEO, Great Nigeria Insurance Plc In a bid to remain the focal point of the Nigerian insurance industry, the forward looking underwriting firm, Great Nigeria Insurance Plc recently embarked on a pan-Nigeria radio campaign promoting the GNI Plc brand in the major local dialects highlighting the brand’s value proposition with the…

CPS suffers a setback as Retirees with low RSA adopts quit-withdraw of N20.2bn

Retirees under the Contributory Pension Scheme (CPS) who could not be entitled to monthly pensions have withdrawn N20.2billion, their money through their respective Retirement Savings Accounts (RSA).   According to the information from the office of pension commission disclosed that foreign nationals ready to return to their countries after making voluntary contributions under the CPS…