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The National Insurance Commission, NAICOM, has urged Insurance Brokers to establish presence in all the nooks and crannies of the country to accelerate insurance penetration and financial inclusion .
Read More THE National Insurance Commission, NAICOM, yesterday, vowed to assess and rank insurance companies based on the quality of their service delivery.
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The National Insurance Commission, NAICOM, has identified weak corporate governance as a key problem in the development of Nigeria’s insurance industry.
Read More Shareholders of some Insurance companies on Monday urged the National Insurance Commission (NAICOM) to review its recapitalisation directive issued to the insurers, saying that the June 2020 deadline did not seem feasible.
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Insurance industry stakeholders have hinted of looming huge losses arising from disruptive technologies catching the insurers unprepared.
Read More While many insurance companies are yet to disclose their recapitalisation plans as mandated by the National Insurance Commission, NAICOM, Vanguard investigations reveal that only five have successfully crossed the new capital threshold.
Read More As insurance companies make various efforts to meet up with the recapitalisation programme, the National Insurance Commission, NAICOM, have been advised to ensure that no company dies but should convert those that fail to scale the hurdles to micro insurance firms.
Read More By Rosemary Onuoha As insurance companies make various efforts to meet up with the recapitalisation programme, the National Insurance Commission, NAICOM, have been advised to ensure that no company dies but should convert those that fail to scale the hurdles to micro insurance firms. The Managing Director/Chief Executive Officer, Achor Actuarial Services Limited, Mr. Pius
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The National Insurance Commission, NAICOM, has said that it will not allow insurance companies to recapitalise with illicit funds in their bid to meet the new minimum paid-up capital requirement.
Read More LAGOS—ALHAJI Mohammed Kari, yesterday, stepped down as the Commissioner for Insurance and Chief Executive of the National Insurance Commission, NAICOM, following failure of the Federal Government to renew his appointment.
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