AIICO partners ETAP to deepen car insurance penetration in Nigeria

By Cynthia Ezekwe. AIICO Insurance Plc, a leading insurance, pensions management, and asset management firm has partnered with ETAP, a renowned technology company specialising in the development of innovative solutions for the vehicle insurance sector, to drive increased penetration of car insurance in Nigeria. Despite being Africa’s largest economy and one of the biggest automotive […]

Pension investment in FG Securities jump 20.6% to hit N10.9trn in H1’23

PenCom harps CPS securing future of Nigerian employees

By Cynthia Ezekwe.    Pension investments in the federal government securities by Pension Fund Administrators (PFAs),rose to N10.858 trillion in the first half of the year,representing a 20.6 per cent  Year-on-Year increase from N9.007 trillion in the corresponding period of 2022 (HI ’22). This is according to a recent data presented by the National Pension […]

Prestige Assurance grows GPW by 34% to N12.4bn

By Onome Amuge. Prestige Assurance Plc has recorded 34 per cent growth in Gross Premium Written (GPW) to N12.4 billion for 2022 financial year from N9.27 billion recorded in 2021. The company also delivered a profit before tax of N143 million, while its  total assets appreciated to N22.209 billion as against N21.579 billion in the […]