Friday, November 16, 2018
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Sovereign Trust Insurance Plc

The insurance company to trust at all times


William Shakespeare in the book Twelfth Night aptly challenged the ingenuity of men and institutions when he said; ”Be not afraid of greatness; some are born great, some achieve greatness, and some have greatness thrust upon them”.

Oyo State Government has concluded plan to set up a Global Insurance Agency to create conducive environment for business to grow for the benefit and satisfaction of the people.

NEM Insurance: New power house in insurance services

…We’re passionate about adding value – Tope Smart


NEM Insurance Plc’s imposing head office located at 199 Ikorodu Road; Obanikoro Lagos is as attractive as the message which the company set out to convey. The message is that NEM Insurance Plc is the preferred choice of the insuring public. The message is indeed in consonance with the mission of the founding fathers of the company which is to build a customer-satisfying insurance institution that is passionate about adding value to the interests of all its stakeholders with particular emphasis on the insuring public.

Shareholders kick against NAICOM’s tier-base capital structure

Shareholders in the nation’s insurance industry have continued to kick against the recent introduction of Tier-Based Minimum Solvency Capital (TBMSC) by the authorities of the National Insurance Commission (NAICOM) saying that the regulatory body lacks the statutory powers to amend the insurance Act.

NUBIFIE explains opposition to NAICOM’s categorisation of insurance firms


Bank workers under the aegis of National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, have cited imminent collapse of the nation’s insurance industry as reason for their opposition to the new policy by the National Insurance Commission, NAICOM, categorizing insurance firms into tiers 1, 2 and 3.

Sovereign Trust Insurance’s N10bn capital projection anchors it on tier-1 category

Sovereign Trust Insurance Plc has confirmed its resolve to play in the elite clued of insurance market in Nigeria following its declaration last week to push its capital base to the N10 billion threshold.

PenCom’s micropension scheme gets Jan. 2019 flag off date

Authorities at the National Pensions Commission (PenCom) are set to revolutionalise the nation’s pension landscape with the planned of micropension into the ongoing contributory pension scheme. The micropension which is to start January 2019 is targetted at the informal sector and is expected to function as a saving scheme for the low income earners.

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