NAIPCO to hold insurance, pension stakeholders confab

NAIPCO to hold insurance, pension stakeholders confab

ON October 9, 2017 2:31 AM / IN Business,
Finance , News / BY Ugoh Solomon Chinonso
By Rosemary Onuoha
The National Association of Insurance and Pension Correspondents (NAIPCO) is set to hold its national conference to discuss burning issues in insurance and pension sectors, while proffering solutions to challenges facing the two industries.
The conference, which is the second edition, is billed to hold on 25th of October, 2017 in Lagos and will be a forum for insurance and pension stakeholders to discuss on legislation of the two sectors and its impacts on the people. A statement from the conference organizing committee said; “The 3-in-1 event designed to discuss burning issues bothering on the two industries will also accommodate the launch of the association’s quarterly journal, NAIPCO Trumpet and Awards for deserving insurance and pension firms.”
One of themes of the conference, ‘Legislation of Pensions, Intrigues, Interest, Governance and the People’ seeks to establish the relationship between lawmaking for the people and the impact of legislation on a common man, while creating understanding of the current pension system as it affects the people.
The second theme, ‘Insurance Legislation: Beyond Lawmaking’ is meant to reinforce the need for insurance legislation to be more of developmental in enforcement of compliance as stakeholders are expected to take positions on the proposed amendment of the Insurance Act 2003 at the event.
While the concerns of insurance consumers would be extensively discussed, the conference will also deliberate on the fate of insurance stocks on the floor of the Nigerian Stock Exchange (NSE) and why most of them remain penny stocks.