NAICOM frowns at Nigeria’s poor ranking in Africa
THE National Insurance Commission, NAICOM, has frowned at the low ranking of Nigerian insurance sector in Africa despite the country’s huge population.
Brokers hail NAICOM for abolishing annual licence renewal
The President, Nigeria Council of Registered Insurance Brokers (NCRIB), Mr Kayode Okunoren, has applauded the National Insurance Commission (NAICOM) for considering abolishing annual renewal of brokers’ licence.
2016 Accounts: NAICOM withholds approval for 10 insurance companies
THE National Insurance Commission (NAICOM) has approved the 2016 accounts of 39 insurance companies, leaving out about 10 others that were among the 49 that have so far submitted in line with the International Financial Reporting Standards (IFRS).
NAICOM to meet stakeholders on business retention within the country
THE National Insurance Commission, NAICOM, is set to meet with directors of insurance companies and major policy holders in Nigeria to strategise and ensure the local retention of insurance business and premium within the country.
AXA Mansard commends NAICOM’s role in industry performance
Chief Executive Officer of AXA Mansard Insurance Plc, Mrs. Yetunde Ilori, has commended the National Insurance Commission, NAICOM, for its effective regulatory functions that has raised the standard of operations in the nation’s insurance industry and also maintain integrity by industry operators.
SA Insurance gets NAICOM’s nod
Three months after its merger with its sister company, Standard Life Assurance, foremost insurance underwriting company, Standard Alliance Insurance Plc., has received approval from the National Insurance Commission, NAICOM, to operate as a composite insurance company.
