Tension in insurance sector as operators undermine rate policy
THERE are apprehensions in the insurance industry over allegations that some insurance operators have cleverly created means of giving out discounts on compulsory classes of insurance thereby bypassing the pricing policy by the National Insurance Commission, NAICOM.
NAICOM begins new policy on tier-based licenses
The National Insurance Commission, NAICOM, yesterday, opened the window for new licences to prospective insurance firms limiting it to tier-1 category.
NAICOM approves Anchor Insurance accounts
The management of Anchor Insurance Company Limited has announced the approval of the organisation’s audited financial statement for the year ended 31st December, 2017 by the National Insurance Commission (NAICOM).
Linkage Assurance gets NAICOM approval to underwrite agric insurance
Linkage Assurance Plc has secured the approval of the National Insurance Commission (NAICOM) to underwrite agric insurance.
NAICOM should span 3-tier recapitalization policy into ten years – stakeholders
Managing Director of Lancelot Ventures Limited, Mr. Adebayo Adeleke, has appealed to the National Insurance Commission, NAICOM, to span the 3-tier recapitalization policy into a 10 year period.
Recruitment: NAICOM urges job seekers to beware of fraudsters
The National Insurance Commission (NAICOM), said it was not recruiting new staff as was being circulated on the internet.
NAICOM restates June 30 deadline for submission of financial accounts
The National Insurance Commission (NAICOM) has restated the June 30 deadline for the submission of the 2017 financial accounts by insurance companies to the commission.
NAICOM queries financial statements of Equity, Zenith Insurance
THE National Insurance Commission, NAICOM, has queried the financial statements of Equity Assurance Plc, Zenith Life Assurance Company as well as Zenith General Insurance Company.
Linkage Assurance plans online motor insurance
LINKAGE Assurance Plc has secured the approval of the National Insurance Commission (NAICOM) to distribute its motor insurance policies online.
FG appoints NAICOM board
The Federal Government has appointed Chief Emmanuel Jideoffor Nwosu as the Chairman of the Governing Board of the National Insurance Commission (NAICOM).
NAICOM charges brokers to desist from unprofessional practices
National Insurance Commission, NAICOM, has appealed to insurance brokers to desist from engaging in unprofessional practices because they hinder growth of the sector.
