The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the Commission’s revised minimum capital requirements, marking a major milestone in the ongoing recapitalisation of Nigeria’s insurance industry. The presentation
The National Insurance Commission (NAICOM) has announced the successful completion of the insurance industry’s 12 month recapitalisation exercise, with 43 insurance and reinsurance companies meeting the new minimum capital requirements prescribed under the Nigerian Insurance Industry Reform
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has reaffirmed its commitment to supporting the growth of Takaful and microinsurance in Nigeria as part of efforts to deepen financial inclusion and extend insurance protection to underserved communities. The
Barbara Bako, Abuja. The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Ayo Omosehin, has charged the Chartered Insurance Institute of Nigeria (CIIN) to strengthen professionalism, ethical standards and innovation to support
Barbara Bako, Abuja. The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Ayo Omosehin, has charged the Chartered Insurance Institute of Nigeria (CIIN) to strengthen professionalism, ethical standards and innovation to support
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has intensified efforts to boost compliance with compulsory insurance laws by partnering with the Nigeria Police Force (NPF) to strengthen enforcement against fake insurance certificates and expand insurance coverage across
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has reaffirmed its commitment to strengthening collaboration with the Chartered Insurance Institute of Nigeria (CIIN) as the insurance industry prepares for the implementation of key reforms, including the Nigerian Insurance Industry
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has charged the Nigerian Insurers Association (NIA) to spearhead efforts to rebuild public confidence in the insurance industry, strengthen enforcement of compulsory insurance and drive innovation as the sector implements
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has called on insurance operators to prioritise prompt claims settlement, deepen innovation and strengthen enforcement of compulsory insurance ahead of the July 31 recapitalisation deadline. Commissioner for Insurance, Olusegun Ayo
Barbara Bako, Abuja. NETAPPS has received a Partnering Insurtech licence from the National Insurance Commission (NAICOM), paving the way for the company to expand digital insurance services and support efforts to improve insurance penetration in Nigeria. The licence
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