The National Insurance Commission (NAICOM) on Wednesday handed over new licenses to SanlamAllianz Life and General Insurance Nigeria Ltd. in a brief ceremony held in Abuja.
The issuance of the Licenses to SanlamAllianz Life and General Insurance follows a successful merger.
Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, who presented the licenses emphasized the Commission’s commitment to supporting the growth of insurance entities in the country, while ensuring strict compliance with regulatory requirements. He urged the companies to prioritize good corporate governance, stability, and timely claims settlement processes.
Omosehin who reiterated NAICOM’s dedication to removing unnecessary bottlenecks and improving the insurance industry’s overall performance expressed confidence that the merger would enhance the companies’ capabilities and contribute to the industry’s growth.
Good production costs money and you can support what we do. Please find our details below👇🏾👇🏾👇🏾 Account name: MARKET ONLINE MEDIA Bank: UBA Acc No: 1026401930.
