COMMISSIONER for Insurance and Chief Executive Officer of the National Insurance Commission, NAICOM, Alhaji Mohammed Kari, has blamed the lack of studying materials in the insurance industry as one of the challenges inhibiting the development of the country insurance sector.Read More
THE Bank of England will spell out more clearly what insurers should be doing to protect policyholders such as the elderly after a report called for clearer safeguards.Read More
By Favour Nnabugwu The National Insurance Commission (NAICOM) has approved the 2015 financial accounts of 48 out of the 54 insurance companies in the country. It was also gathered that the apex insurance body has approved the accounts of two insurance firms out of the 12 firms that have submitted their accounts for the year.
By Rosemary Onuoha THE National Insurance Commission, NAICOM, has directed all insurance institutions to ensure that Nigerian insurers, reinsurers and pools be offered and allowed to willingly decide the proportion of the risk they wish to accept, subject to their respective capacities, before any application for approval of offshore placement of the excess. NAICOM warned
The National Freight Hauliers Association (NFHA) on Saturday said that it will introduce insurance cover for freight-on-transit, freight vehicles as well as their drivers and operators.Read More
HEAD of the Civil Service of the Federation, HOCSF, and the Bureau of Public Procurement, BPP, have selected 20 underwriters and 108 insurance brokers to take on N5.4billion group life of the Federal Government.Read More
The Chairman of the Nigerian Insurers Association (NIA), Mr. Eddie Efekoha in this Interview with Favour Nnabugwu in Abuja, talks about the problem of one price fits it all, the position of NIA on risk based capital and the plan to move the industry forward.
Abuja—The Minister of Finance, Mrs. Kemi Adeosun yesterday, said plans to review the Insurance Consolidated Bill to ensure an efficient insurance industry in the country have been concluded.Read More
The Minister of Defence, retired Brig.-Gen. Mansur Dan-Ali, said on Friday that the Federal Government would introduce insurance package for soldiers fighting insurgency in the North-East.Read More
SINCE it was established in 1999 via Decree (now Act) 35 of the Federal Government of Nigeria, the National Health Insurance Scheme (NHIS) has been tasked with the overall goal of enhancing access to quality and affordable health care for all Nigerians. This scheme eventually saw the light of day 27 years after it was first mooted in 1962 as the Lagos Health Bill.Read More