Category: Insurance

PTAD pays ₦3.82bn pension arrears to 30,356 retirees

The Pension Transitional Arrangement Directorate has disbursed N3.82 billion in accrued pension arrears to 30,356...

Pension contributions fall by 38% in Q1 2026

Pension contributions under Nigeria’s Contributory Pension Scheme declined by 38 per cent in the first...

PenCom admits PPP savings target will miss 2026 deadline

The National Pension Commission says it will not meet its Personal Pension Plan target of...

Linkage Assurance completes ₦16.2bn rights issue ahead of deadline

Linkage Assurance Plc has successfully completed a N16.2 billion Rights Issue to meet the National...

NAICOM hails Senate over insurance regulatory commission bill passage

The National Insurance Commission has commended the Senate for the successful passage of the National...

PenCom plans new investment vehicle to fund pension industry infrastructure

Nigeria’s National Pension Commission is developing plans to establish a new investment vehicle that could...

NAICOM boss charges NIA to rebuild public trust in insurance

Commissioner for Insurance, National Insurance Commission, Mr. Olusegun Ayo Omosehin, has charged the Nigerian Insurers...

NAICOM bars re-licensing of firms with outstanding claims

As the insurance recapitalisation deadline of July 31st 2026 draws near, the National Insurance Commission...

92% of personal pension plan accounts dormant — PenCom

Amidst efforts by the National Pension Commission to include informal sector workers in the pension...

Under-30 drive pension growth as 44,837 join CPS in Q4 2025 — PenCom

More young workers under the age of 30 years signed into the Contributory Pension Scheme...

AIICO shareholders approve ₦4.4bn dividend, appoint new directors

Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12...

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Top insurance companies listed on the Nigerian Exchange paid a combined N288.85 billion in claims...