Skip to content
Exclusion of pension funds, poor technology remain barriers to insurance penetration in Nigeria — NCRIB
Nigerian Council of Registered Insurance Brokers (NCRIB) has listed such impediments as the continued exclusion of pension funds from the core insurance sector, poor adoption of technology and widespread ignorance about sector’s benefits, as responsible for low insurance penetration in…
PenCom, trade union plan pension coverage for 9m transport workers
Industry regulator, the National Pension Commission (PenCom) and the National Union of Road Transport Workers (NURTW) have commenced discussions on a partnership aimed at enrolling an estimated nine million transport workers into the Personal Pension Plan under Nigeria’s Contributory Pension…
Nwachukwu appointed NIA’s first female Chairman, unveils 3-point agenda to deepen insurance access in Nigeria
Ebelechukwu Nwachukwu has emerged the first female Chairman of the Nigerian Insurers Association (NIA). Mrs Nwachukwu, who is also Managing Director of Rex Insurance Limited, will be inaugurated as the 27th chairman of the association on July 3. Speaking at…
AIICO tops industry rankings, voted 2026 best insurance firm at prestigious Capital Market Awards
AIICO has been voted Insurance Company of the Year 2026 at the Nairametrics Capital Market Awards, emerging as the top performer among its peers in a category designed to recognise excellence across Nigeria’s insurance landscape. The Nairametrics Capital Market…
Pension assets hit N30trn in April — PenCom
Nigeria’s pension assets jumped by 4.8 per cent to hit a record N30.94 trillion in April 2026, according to the National Pension Commission (PenCom). The commission noted that the development further represents a growth of 4.8 percent compared with N29.52…
AIICO drives community health development with malaria prevention outreach in Ibadan communities
AIICO Insurance Plc has reaffirmed its commitment to improving public health outcomes and advancing sustainable community development through its support for a large-scale malaria prevention outreach in Ibadan, Oyo State, in commemoration of World Malaria Day 2026. The initiative, implemented in…
Amid liability fears, PTAD assures new pension harmonisation scheme to boost retirees’ income
Pension Transitional Arrangement Directorate (PTAD) has assured that its implementation of the pension harmonisation for Defined Benefit Scheme (DBS) pensioners, which took effect in May 2026, will lift incomes for many retirees, just as it expressed fears that the programme may…
PenCom kicks-off ‘PenCare’ free healthcare scheme for retirees
National Pension Commission (PenCom), has kicked off the pilot phase of its PenCare initiative by inviting retirees aged from above 60 years to enroll in the free healthcare scheme. Accident to PenCom, the healthcare scheme is also for the 60+ year-olds…
AIICO deepens commitment to education with upgrade of Learning Hall at CIFM
AIICO Insurance has announced the completion of upgrade of the ‘AIICO Hall’ located at the College of Insurance and Financial Management (CIFM) to a standard learning centre complete with modern facilities. The newly-upgraded hall is now outfitted with state-of-the-art multimedia infrastructure,…
AIICO Insurance reports 26.5% revenue growth, as GPW rises to N191bn
AIICO Insurance Plc had reported a 26.5 per cent increase in revenue, representing N137 billion for the year ended December 31, 2025, driven by stronger underwriting performance, improved investment income, and broad-based growth across its insurance and asset management…
