*Down to N13.6bn in Q-1 2022, from N36.1bn in Q-1 2021 *Segment nosedives as ‘retirees live longer’ *Business eroding profit, insurers lament By Rosemary Iwunze There are indications that insurance firms are now side-stepping annuity business, otherwise known as ‘life pension’ policy as retirees beat their life expectancy forecast. Consequently, the development has led to a massive […]

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 Limited has projected that Nigeria’s external sector balance and the oil sector would rebound in 2022.

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.

President of the African Insurers Organisation, AIO, Mr. Tope Smart, has called on African insurance industry stakeholders to unite and address the challenges bedeviling insurance growth in the continent.

There are indications that the insurance sector has shaken off the impact of COVID-19 on its performance recording 15.7 percent Year-on-Year, YoY, growth in contribution to gross domestic product, GDP, in the second quarter of 2021, Q2’21.

The African insurance market is set to brainstorm on ways the sector can contribute to ongoing efforts at rebuilding economies seriously impacted by the pandemic.