Insurance & Pension

Stanbic IBTC Insurance Confirms Compliance with NIIRA 2025 Capital Requirements, Reinforcing Strength for the Future

Coronation Merchant Bank Marks 10 Years, Targets Top-Tier African Status

Coronation Merchant Bank has marked a decade of operations with a bold outlook for its next phase of growth, positioning itself to become one of Africa’s leading banks as Nigeria’s economic reforms op

Coronation Merchant Bank Marks 10 Years, Targets Top-Tier African Status

Coronation Merchant Bank has marked a decade of operations with a bold outlook for its next phase of growth, positioning itself to become one of Africa’s leading banks as Nigeria’s economic reforms op

SanlamAllianz takes Financial Education to Lagos Markets - FinancialEDGE

Insurance giants, SanlamAllianz has launched a financial education campaign at select markets in Lagos. The campaign is aimed at aiding the financial knowledge and management of traders, shop owners etc in popular markets in Lagos. Planned for two phases including a physical market activation across organised market associations in both Lagos Mainland and Lagos Island;

Stanbic IBTC Insurance receives upgraded Credit Ratings of A and A1 from Agusto & Co for 2025 – 2026 financial year - FinancialEDGE

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that Agusto & Co. has upgraded its credit ratings for the 2025–2026 financial year. The Company has been assigned a Long-Term Rating of A and a Short-Term Rating of A1, both with a Stable Outlook. This upgrade reflects stronger confidence in Stanbic

Coronation Insurance Launches ‘Insure and Win 2.0’ …₦35 Million in Prizes Up for Grabs as Customers Secure Their Future

Following the remarkable success of last year’s campaign, Coronation Insurance Plc and Coronation Life Assurance Limited have launched the second edition of their highly popular customer reward initia

ISA 2025: SEC mandates full compliance by Capital Market Operators - FinancialEDGE

The Securities and Exchange Commission (SEC) has said that all the Capital Market Operators (CMOs) must state compliance level and ensure all tradable instruments are registered in line with the Investments and Securities Act (ISA) 2025 latest January 2026.The Director-General of SEC, Dr Emomotimi Agama, disclosed this at the commission's Journalists' Academy 2025 on Wednesday

Stanbic IBTC Pension Managers wins Best Pension Fund Administrator Nigeria 2025 at Global Banking & Finance Awards - FinancialEDGE

With a legacy built on trust, innovation, and results, Stanbic IBTC Pension Managers, a member of Stanbic IBTC Holdings, has emerged as the Best Pension Fund Administrator (PFA) Nigeria 2025 at the prestigious Global Banking & Finance Awards®. The award celebrates Stanbic IBTC Pension Managers’ dedication to securing the financial future of millions of Nigerians. This

Stanbic IBTC Pension Managers champions flexible Pension options for Nigerians at home and abroad - FinancialEDGE

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its support for the National Pension Commission’s (PenCom) recent reforms aimed at enhancing flexibility, inclusion, and global access within Nigeria’s pension system. The new regulatory guidelines introduce two distinct pension options, the Personal Pension Plan (PPP) and Foreign Currency (FCY) Pension

Stanbic IBTC Insurance introduces Manifold Endowment Plan to stakeholders at media engagement - FinancialEDGE

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, hosted a media parley on Tuesday, 30 September, bringing together journalists and key stakeholders in the insurance industry for an engaging session on the future of insurance in Nigeria. The event highlighted the company’s commitment to open dialogue, transparency, and collaboration as it continues to redefine

Stanbic IBTC Insurance Brokers educates logistics and supply chain business owners on tailored insurance solutions - FinancialEDGE

Business leaders, SMEs, and entrepreneurs gained fresh insights into risk management and supply chain protection at a Stanbic IBTC Insurance Brokers webinar recently, themed “Smart Insurance for Savvy Businesses: Marine and Goods-in-Transit Insurance Explained.” The virtual session shed light on how insurance solutions can serve as practical tools for safeguarding businesses against risks linked to

Stanbic IBTC Insurance Brokers set to host webinar on Marine and Goods-in-Transit Insurance for businesses - FinancialEDGE

As Nigerian businesses deal with rising supply chain risks, Stanbic IBTC Insurance Brokers, a member of Stanbic IBTC Holdings, will host a webinar on Wednesday, 10 September 2025. Titled "Smart Insurance for Savvy Businesses: Understanding Marine and Goods-in-Transit Insurance," this event aims to provide business leaders with practical strategies to protect their goods in transit and maintain

Forced Pension Transfers: PenCom to Penalize Erring PFAs - FinancialEDGE

Pension Fund Operators despite being the holders of the Pension Reform Act 2014 is contravening the law that allows their employees choose any PFA of their choice to manage their pension funds other than one that is their employer. They are coercing their employees including vendors to open or transfer their Retirement Savings Accounts (RSAs)

Stanbic IBTC Insurance Set to Host Second Annuitant Forum on Retirement Planning - FinancialEDGE

Retirement is often viewed as a new beginning, an opportunity to enjoy the fruits of one’s lifetime work. In line with its mission to support clients through every stage of life, Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings Plc, is set to host the second edition of its Annuitant Forum, themed “Making

Oyo Gov’t Denies False Pensioner Verification Notice - FinancialEDGE

The Oyo State Government has denied a false message currently circulating among pensioners regarding a supposed verification exercise. This was indicated in a statement issued and made available to the media on Friday by the Commissioner for Establishments and Training, Prof. Salihu Adelabu. He clarified that the notice, which demands Pensioners to submit photocopies of

President Tinubu signs Nigerian Insurance Bill to boost $1trn economy - FinancialEDGE

President Bola Ahmed Tinubu has assented to the Nigerian Insurance Industry Reform Bill, 2025. The Presidency said the bill is a landmark legislation to strengthen Nigeria’s financial sector and accelerate the nation’s march toward a $1 trillion economy. Bayo Onanuga, Special Adviser to the President on Information and Strategy in a statement said, “the Nigerian

Stanbic IBTC Encourages Women to “Bloom into More” at Its Annual Bloom Weekend - FinancialEDGE

LStanbic IBTC concluded Bloom Weekend 2025 with remarkable success, leaving behind a vibrant legacy of inspiration, empowerment, and action. The two-day event, held this year under the theme "Bloom into More," was more than just a celebration; it was a transformational experience. Thousands of women entrepreneurs, professionals, and leaders gathered to forge connections, enhance their

LATTES 5.0: A conversation for every woman in every season - FinancialEDGE

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC, is set to host another impactful edition of the Ladies At The Table Empowerment Series (LATTES), a flagship women’s initiative taking centre stage during the much-anticipated Bloom Weekend, scheduled to take place on Saturday, 21 June 2025 at Harbour Point, 4 Wilmot Point Road,

SanlamAllianz Unveils Joint Venture, Pledges to Drive Financial Inclusion in Nigeria

SanlamAllianz, a pan-African non-banking financial services entity, has officially launched its joint venture in Nigeria, marking a significant milestone in the country’s insurance sector. The j

Stanbic IBTC Insurance Limited achieves ISO/IEC27001:2022 recertification; reinforces commitment to excellence and transparency - FinancialEDGE

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance provider in Nigeria, is excited to announce that it has successfully undergone a rigorous recertification process, achieving ISO/IEC 27001:2022 certification. This prestigious recognition validates that Stanbic IBTC Insurance Limited has effectively implemented and maintained a robust Quality Management System, overseen

Stanbic IBTC Pension Managers revitalises Government Day Secondary School in Akampka, Cross River State - FinancialEDGE

Stanbic IBTC Pension Managers, a Pension Fund Administrator in Nigeria, is pleased to announce the successful completion of its renovation initiative at the Government Day Secondary School in Akampka - a crucial step in addressing the numerous challenges faced by this educational institution. The school, which serves 850 students and 40 staff members from six local communities, has

Stanbic IBTC Pension Managers unveils innovative self-service options to enhance client experience - FinancialEDGE

In a significant move to streamline pension management and enhance customer experience, Stanbic IBTC Pension Managers, a prominent Pension Fund Administration firm, has announced the relaunch of its comprehensive suite of self-service options through an informative webinar session recently conducted. This forms part of the company's ongoing efforts to empower clients by enlightening them on

NAICOM Says Insurance sector assets hit N3.88tn in third quarter of 2024 - FinancialEDGE

Total assets in the insurance sector expanded by 5.15 per cent to N3.88tn at the end of the third quarter of 2024 compared to N3.69tn reported in the previous quarter. This was indicated in the bulletin of the insurance market performance in the third quarter published by the Research & Statistics Department of the National

Stanbic IBTC Pension Managers Revamps Self-Service Channels for Easy Access - FinancialEDGE

Stanbic IBTC Pension Managers, a leading pension fund administration firm in Nigeria and a subsidiary of Stanbic IBTC Holdings Plc, has reaffirmed its commitment to enhancing customer experience by providing innovative solutions through the self-service channels. This is to ensure that customers get the support they need quickly. These self-service options aim to streamline processes

Stanbic IBTC Insurance Achieves Audit Certification, Demonstrates Commitment to Excellence - FinancialEDGE

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance service provider in Nigeria, is pleased to announce that it has successfully passed a comprehensive audit, which has resulted in the issuance of an IQNET-recognised certificate confirming that Stanbic IBTC Insurance Limited has implemented and maintained a Quality Management System, by

Stanbic IBTC Pension Managers’ FUZE Talent Show 3.0 Concludes with Dazzling Performances - FinancialEDGE

The highly anticipated third season of the FUZE Talent Show, themed 'Light it Up,' concluded Saturday, 21 December 2024, with a dazzling finale that showcased Nigeria's brightest young talents. Organised by Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, the event lived up to its promise of being bigger and better, with a

Stanbic IBTC Pension Managers Recognised for excellence in financial inclusion - FinancialEDGE

Stanbic IBTC Pension Managers, a leading pension fund administrator in Nigeria, is proud to announce that it has been awarded the prestigious title of ‘Most Financially Inclusive Pension Company of the Year’ at the recently held International Financial Inclusion Conference (IFIC'24). This significant recognition was presented during an event organised by the Central Bank of Nigeria (CBN)

Stanbic IBTC Pension Managers’ FUZE 3.0 Festival: Set to light up Lagos on 21 December - FinancialEDGE

In a spectacular celebration of Nigerian creativity and innovation, Stanbic IBTC Pension Managers' FUZE Talent Show 3.0, Nigeria's biggest talent extravaganza, is preparing for its most anticipated festival. Scheduled for Saturday, 21 December 2024 at the Livespot Entertarium in Lekki, the event promises to be a game-changing platform for unveiling Nigeria's next generation of young

Stanbic IBTC Pension Managers champions Nigerian Art with ART X Lagos sponsorship - FinancialEDGE

Stanbic IBTC Pension Managers has again made a significant mark on Nigeria's cultural landscape by sponsoring the highly successful ninth edition of ART X, West Africa’s premier international art fair recently held in Lagos. The event showcased a vibrant display of African artistic expression, reinforcing the Pension Fund Administrator’s commitment to blending its pension expertise with promoting the continent's rich

Stanbic IBTC Pension Managers offers ₦50 Million for FUZE 3.0; unveils panel of judges - FinancialEDGE

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has officially kicked off the third season of its acclaimed FUZE Talent Show by unveiling the show’s panel of judges. The launch event at Stanbic IBTC Towers in Victoria Island, Lagos, set the stage for what promises to be the most exciting edition yet of

Stanbic IBTC Pension Managers kicks off FUZE 3.0 Talent Show, unveils judges - FinancialEDGE

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has officially kicked off the third season of its acclaimed FUZE Talent Show with the unveiling of a panel of judges. The event at the Stanbic IBTC Towers in Lagos set the stage for what promises to be the most exciting edition yet, of the youth-centric

U.S. Development Finance Corporation extends technical assistance facility for Volobe Hydro Power Plant development in Madagascar - FinancialEDGE

The U.S. International Development Finance Corporation (DFC) has approved technical assistance funding to support the development of the pioneering 120 MW hydropower project in Madagascar. The announcement was made on the sidelines of Africa50’s General Shareholders Meeting (GSM) in Antananarivo. The new technical assistance facility is a significant milestone that underscores the strategic cooperation between

Stanbic IBTC Pension Managers reaffirms commitment to delivering quality customer service to retirees - FinancialEDGE

We are aware of a video currently circulating online showing a client at one of our Experience Centres who appeared distressed. We have since communicated with the client and successfully resolved the concern and processed his benefits within the established timeline. We would like to reassure our clients of our unwavering commitment to our vision

Heirs Insurance Group Appoints Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors - FinancialEDGE

Heirs Insurance Group (HIG), Nigeria's fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its non-life insurance business, Heirs General. The appointments further strengthen HIG's governance and leadership team. HIG has enjoyed rapid growth since its launch in 2021, as consumers benefit from the Group’s unique

Stanbic IBTC Insurance Launches Education Endowment Plan to Secure Children’s Academic Future - FinancialEDGE

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has introduced the Education Endowment Plan, a innovative solution designed to help parents and guardians invest in their children's educational future. This plan ensures that children's education is secure, even in the face of life's uncertainties. The Education Endowment Plan offers a comprehensive investment solution that

Stanbic IBTC Insurance Gets NAICOM’s Approval for 2023 Financial Report Following Adoption Of IFRS17 Standardization - FinancialEDGE

In a significant stride towards international financial reporting standards, Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has emerged as the first insurance company in Nigeria to have successfully obtained vetting and approval from the National Insurance Commission (NAICOM) for its 2023 full year financial report. As the first insurance provider to receive such vetting

Access Pensions to Empower Africa’s Next Wave of Talent with Market Readiness Training - FinancialEDGE

As the job market welcomes a new wave of talent post NYSC, Access Pensions has announced the ‘Shape Your Future’ live empowerment webinar. This session is designed to prepare and equip young individuals as they transition into the business world or workforce, whether as employees or entrepreneurs. Scheduled for April 25, 2024, from 12:00 WAT,

President Tinubu Appoints New Board Members For NAICOM - FinancialEDGE

President Bola Tinubu has approved the appointment of the following qualified Nigerians to the Board of the National Insurance Commission (NAICOM): (1) Ms. Halima Kyari -- Chairperson (2) Mr. Olusegun Ayo Omosehin -- Commissioner for Insurance (3) Mr. Olawoye Gam-Ikon -- Deputy Commissioner (Technical Operations) (4) Dr. Usman Ankara Jimada -- Deputy Commissioner (Finance &

Stanbic IBTC Pension Managers commits over N100m to the renovation of Yaba Psychiatric Hospital Ward - FinancialEDGE

In a significant display of corporate social responsibility, Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and a leading pension fund administrator in Nigeria, has renovated the Yaba Psychiatric Hospital Ward MS/F3 in Lagos, which includes female and male wings, as well as offices for medical personnel and a recreation area for the

PenCom DG Denies Lending Federal Government N10 Trillion - FinancialEDGE

The Director General of the National Pension Commission, Aisha Dahir-Umar, has denied allegations that the commission loaned N10tn to the Federal Government. The House of Representatives in October adopted a motion mandating its Committee on Pensions to recover N10tn pension funds “borrowed” by the Federal Government. Dismissing the claim during an interview over the weekend,

Fire and Burglary Insurance: The game-changer for business owners in 2024 - FinancialEDGE

As a business owner, we know so much effort is put into seeing one’s business blossom. Imagine having to suffer losses due to fire outbreaks and burglary incidents, leading to financial setbacks and disruptions. It is better left imagined than experienced. In today's unpredictable world, protecting your business is not just a priority but a

ARM Pension To Merge With Access Pension 

Access Holdings Plc has announced a major development in its ongoing growth strategy. Access Golf Nigeria Limited, a majority shareholder of Access Pensions Limited which is a subsidiary of Access Hol

Eugene Okwor Pioneer Commissioner For Insurance Passes On

The pioneer Commissioner for Insurance Chief Eugene Okwor has passes on. He died on, Sunday January 14, 2024, at about 4:00pm. He was a lawyer and Commissioner for Insurance/Chief Executive Officer Na

Insurfeel: NCRIB LAC donates N15.3m insurance covers to winners of quiz competition

The Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB LAC) has procured and donated School Fees Protection Plan and Kiddies Insurance, tagged School Care Cover amounting to

Why NAICOM tasks underwriters on data-driven premiums

The National Insurance Commission (NAICOM) has advised underwriting firms to ensure that premium quotes/rates for government assets are driven by appropriate data to enhance market efficiency. The com

N32M won by 12 Nigerian youths at Stanbic IBTC Pension Managers’ 2023 FUZE Festival

Stanbic IBTC Pension Managers, once again, successfully hosted the highly anticipated grand finale of the FUZE Talent Show on 23 December 2023; where 12 outstanding individuals were rewarded with a to

NAICOM to blacklist operating licenses of insurers for contravening rules on govt assets cover

The National Insurance Commission (NAICOM) has said any insurance institution that fails/neglects to comply with any provision of the Guidelines for Insurance of Government Assets and Liabilities for

Stanbic IBTC Pension Managers re-launches branch in Garki, Abuja

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and a member of Standard Bank Group, has re-opened its flagship Customer Experience Centre in Garki, Abuja, in a bid to improve ser

Stakeholders Urges Insurance & Pension Industry Operators To Improve Consumers Satisfaction

Stakeholders in the insurance and pension industry have called on operators and key players in the value chain of service delivery to improve on consumers’ satisfactions. This was the general co

Stanbic IBTC Pension Managers’ FUZE Talent Show wins Judges’ Choice Award at 2023 World Pension Summit

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings and leading Pension Fund Administrator (PFA) in Nigeria, proudly announces receipt of the prestigious Judges’ Choice Award fo