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NAIPE 11th Annual Conference Moves to 12 Noon as 28 Stakeholders Back Event

Published

3 weeks ago

October 5, 2026

About 28 insurance and pension regulators and operators have backed the upcoming 11th edition of the Nigerian Association of Insurance and Pension Editors (NAIPE) Annual Conference, scheduled to hold in Lagos.

This is even as the timing of the event scheduled to hold on Thursday, October 8, 2026, at Oriental Hotel, Victoria Island, Lagos, has been shifted from 9:00am to 12:00pm same day.

This is to allow Insurance operators, who will be attending Insurers Committee meeting earlier that day, conclude their meeting and attend the conference.

The national conference with a focus on the emerging market dynamics in Nigeria’s insurance and pension sectors, follows the just concluded recapitalisation exercise in the insurance sector and ongoing exercise in the pension industry.

Themed: “Post-Recapitalisation and Market Dynamics in Insurance & Pension Sectors,” the Chief Executive Officer of United Capital Asset Management Limited, Dr. Odiri Oginni, will deliver the keynote address, focusing on the insurance perspective while Mr. Oguche Aguda,
Founder and Managing Partner of HRISP Partners, will equally deliver a paper on the theme, focusing on the pension perspective.

The Group Managing Director of Custodian Investment Plc, Mr. Wole Oshin, will chair the event.

According to NAIPE, the conference is coming at a critical period for the two sectors, as insurance operators have just concluded their recapitalisation exercise, while pension operators are expected to conclude theirs in 2027.

The high level discourse will therefore examine how funds raised through recapitalisation can be strategically invested and deployed to generate stronger returns, deepen market confidence and improve service delivery to shareholders and policyholders.

Expected dignitaries include the Commissioner for Insurance & Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin; Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran; chief executives of insurance companies, broking firms, investment and securities companies and Pension Fund Administrators (PFAs), as well as regulators, labour unions, students and other stakeholders.

Speaking ahead of the conference, Chairperson of NAIPE, Mrs. Ebere Nwoji said, the annual gathering provides a platform for insurance and pension journalists to contribute to the development of both sectors by promoting greater public understanding of insurance and pension as instruments for financial security and protection against old-age poverty.

Nwoji expressed appreciation to operators and regulators in the two sectors for their continued support for the conference, stressing that, the benefits derived from the annual event outweigh the resources committed to organising it.

She described this year’s theme as timely, given the significant structural changes taking place in the insurance and pension industries through recapitalisation.

She noted that, the insurance industry concluded its recapitalisation exercise on July 31, 2026, while the pension industry is currently undergoing a similar process expected to be completed next year.

The NAIPE chairperson, particularly, commended the leadership of NAICOM for successfully concluding the insurance industry’s recapitalisation exercise, describing it as a major achievement for Omosehin.

According to her, the Commissioner ‘took the bull by the horns’ in breaking what she described as the longstanding cycle of inconclusive recapitalisation exercises in the insurance industry.

She also expressed optimism that the pension industry, under the leadership of Ms. Omolola Oloworaran, would achieve a seamless and successful recapitalisation exercise.

“The conference would provide operators with an opportunity to gain insights into prudent and judicious investment of the capital raised through the recapitalisation process.

“I am confident that speakers at the event would provide practical perspectives on how insurance and pension operators can deploy their strengthened capital bases to deliver superior investment returns while enhancing value for investors, shareholders and policyholders” she affirmed.

Meanwhile, NAICOM, PenCom, SanlamAllianz, Veritas Kapital and 24 others have offered their support and partnership towards the conference.

The post NAIPE 11th Annual Conference Moves to 12 Noon as 28 Stakeholders Back Event appeared first on Business Today NG.

Related Topics:11th annual conference Event moves NAIPE Noon Stakeholders

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Insurance Sector Holds Biggest Untapped Opportunities in Nigeria’s Economy — Akinwunmi

Published

7 hours ago

October 26, 2026

PlateauReports

*Insurance Sector Has Biggest Untapped Opportunities In Nigeria’s Economy, Says Akinwunmi*

Investment expert and Chief Economist, United Capital Plc, Mr Ayodele Akinwunmi, has said that Nigerian Insurance sector has one of the biggest untapped opportunities among other sectors of the economy.

Akinwunmi, who stated this while presenting a key note address on Post – Recapitalisation and Market Dynamics in Insurance and Pension Sectors at the Annual National Conference of the Nigerian Association of Insurance and Pension Editors (NAIPE), noted that, the winning insurers in Nigeria’s next decade would be those who deploy capital into underwriting excellence, inclusive products, digital infrastructure and productive long-term investment, not those who simply hold the largest balance.

He noted that, at 0.4 percent to 0.5 percent of GDP, Nigeria’s insurance penetration was one of the lowest in the world and that made it one of the biggest untapped opportunities.

He said, a post -recapitalisation transmission mechanism in Nigeria’s insurance industry would witness stronger insurers, deeper markets and a more resilient Nigeria.

According to Akinwunmi, with recapitalisation, there will be stronger capital and risk- based solvency which would give rise to higher minimum capital and stronger balance sheets, compliance with risk- based capital requirements as well as greater resilience to shocks.

He also said, with the new capital,Nigerian underwriters would have the ability to underwrite larger and more complex risks, retain greater portion of domestic risks, they would reduce reliance on foreign reinsurers as well as provide support for key sectors such as energy, infrastructure, SMEs, retail and agriculture.

He further noted that, with the new capital, the industry would witness the use of digital platforms and wider distributors, data driven pricing and underwriting , introduction of innovative products for micro, retail , parametric , Takaful and other specialised Products .

He further said, in the face of the new capital, the operators’ services would be automated and straight- through claims processing as well as improved customer experience and operational efficiency.

The post Insurance Sector Holds Biggest Untapped Opportunities in Nigeria’s Economy — Akinwunmi appeared first on Business Today NG.

Business

CBD COP17: Namibian Biosafety Expert Martha Kandawa-Schulz dies in Yerevan

Published

15 hours ago

October 26, 2026

PlateauReports

Martha Kandawa Schulz Namibia SBSTTA28 31july2026 photo.jpg

Martha Kandawa-Schulz, Namibia’s Cartagena Protocol National Focal Point, died in Yerevan, Armenia, while participating in the ongoing United Nations Biodiversity Conference (CBD COP17).

Ms Kandawa-Schulz, a professor, died on 23 October, according to a statement the Convention on Biological Diversity (CBD) Secretariat issued Sunday evening.

She was serving as Co-Chair of the Contact Group on Risk Assessment and Risk Management of Living Modified Organisms at the conference.

In a message to delegates, the Secretariat described her as a highly respected colleague whose dedication, expertise, and leadership contributed significantly to the Convention and its Protocols, as well as to the global biosafety community.

It said her commitment and collegiality had earned her the respect and appreciation of colleagues who had the privilege of working with her.

The Secretariat extended its condolences to her family, friends, colleagues, and the Government and people of Namibia.

It also expressed sympathy to the African Group and others mourning her death.

“The Presidency and the Secretariat are working closely together to support her family and the Namibian delegation on site, and to facilitate the necessary arrangements,” the statement said.

The Secretariat also announced that a book of condolences would be available to delegates from 13:00 on Monday at Entrance 2, near the Asia-Pacific Room, for those wishing to pay their respects.

It urged delegates to honour Ms Kandawa-Schulz’s memory and recognise her contributions to the shared objectives of the Convention.

ALSO READ: CBD COP17: Nigeria, six others each win $50,000 grant for biodiversity projects

The circumstances surrounding her death were not stated, although reports indicate that she collapsed during her engagement in the working group meeting on Friday.

CBD COP17 is taking place in Yerevan, Armenia, bringing together governments and other stakeholders to deliberate on global biodiversity conservation and the implementation of the Convention and its associated protocols.

Government representatives, delegates, scientists, civil society representatives and researchers, among others, from nearly 196 countries are participating in the conference.