ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Ogunbiyi seeks govt support through policy patronage

5th November 2020
in Business
0
Share on FacebookShare on Twitter

The Chairman, Mutual Benefits Assurance Plc, Akin Ogunbiyi has called on government at all levels to support and patronize the insurance industry so that the sector can achieve its objective, support the nation’s economy, ensure returns on investments and  actualise capital adequacy.

Ogunbiyi, who made the call yesterday at the 5th annual conference of the National Association of Insurance and Pension Correspondents (NAIPCO), while speaking on the theme ‘Promoting Bankable Investments Portfolio for Insurance and Pension Sectors’ in Lagos; emphasized the need for the government to patronize and promote insurance in the country.

While noting that the industry can accumulate retain earnings and shareholders funds on a sustainable basis through good corporate governance and adaptive leaders who recognize and respond to insurance needs and relevant adjacencies, he said the industry also require commitment and dedication from all stakeholders to realise growth and profitability.

Stressing the reasons for investment in the industry, he disclosed that financial assets such as; debt and equity instruments, money market and equity funds are returning low yield due to the unfavorable investment climate.

“I want to submit that we can achieve adequate return on investment, capital adequacy ratio and the  reduction of sharp practices to its barest minimum via support and patronage of the insurance industry by government at all levels.

We can accumulate retain earnings and shareholders funds on a sustainable basis through good corporate governance and adaptive leaders that recognize and respond to insurance needs and relevance.

To accomplish this, we require commitment and dedication from all stakeholders,” he said.

Rapheal

Rapheal

Related Posts

Cash shortage: Pain, anger, death
Business

Cash shortage: Pain, anger, death

4th February 2023
FG reduces petrol price to N121.50k/litre
Business

Petrol at N500 per litre dwarfs subsidy

4th February 2023
Nollywood stars showcase talents in Glo-sponsored series
Business

Glo subscribers get exclusive Galaxy S-3 offer from Samsung 

4th February 2023
Next Post

Underwriter targets raising insurance penetration with new products

FEC approves N84bn for FCT,  Oyo-Ogbomoso roads, Loko-Oweto Bridge

Lekki: South West ministers submit report to FEC, seek probe of military’s role

Sanwo-Olu signs Executive Order to rebuild Lagos

Sanwo-Olu signs Executive Order to rebuild Lagos

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

Torrents of tributes, as awardees, guests laud The Sun Awards

The Sun Awards

The Sun Awards

Testaments to excellence: Focus of The Sun Awards has always been excellence – Ogbonneya Kalu, Chairman/Publisher, The Sun Publishing Limited 

Trending

I’m raising a generation of models-Suleman Alimat
Lifestyle

I’m raising a generation of models-Suleman Alimat

4th February 2023
0

Model and Content Creator, Suleman Alimat Sadia, has disclosed that, as part of her goals, to raise...

20 years of rewarding excellence: How The Sun Awards shut down Lagos

20 years of rewarding excellence: How The Sun Awards shut down Lagos

4th February 2023

4th February 2023

4th February 2023

4th February 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • I’m raising a generation of models-Suleman Alimat
  • 20 years of rewarding excellence: How The Sun Awards shut down Lagos
  • (no title)
  • (no title)
  • (no title)
  • Torrents of tributes, as awardees, guests laud The Sun Awards
  • The Sun Awards
  • The Sun Awards
  • Testaments to excellence: Focus of The Sun Awards has always been excellence – Ogbonneya Kalu, Chairman/Publisher, The Sun Publishing Limited 
  • We’re celebrating two decades of honouring exceptional Nigerians
    –Onuoha Ukeh, Managing Director/Editor-in-Chief, The Sun Publishing Limited
  • The choices of The Sun Award winners have been profound – Olusegun Osoba, former Governor of Ogun State and Chairman of the occasion
  • Style, glitz, glamour at The Sun Awards
  • Immoral things do happen in our tertiary institutions
  • Pastor fakes death, publishes own obituary to avoid paying N3m debt
  • Man dies after being shot by dog 
  • Car key drills two-inch hole on woman’s face
  • 2023 AFCON Qualifier: CAF approves MKO Abiola, Godswill Akpabio stadiums for Super Eagles
  • CAF Confederation Cup: Jalla faults decision on Rivers United playing home games away
  • AFCON U20: Bosso names Bamaiyi new Flying Eagles captain
  • Messi doubts playing 2026 World Cup at age 39

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.