How small-sized insurers may lose big contracts by December
Despite the extension of the deadline for insurance industry recapitalisation to September 2021, brokers/marketers are sceptical about some operators’ ability
Insurers upbeat about September 2021 recapitalisation deadline
The ongoing recapitalisation exercise in the insurance sector may be getting the required boost, as insurers articulate commitment to the exercise
NAICOM to rollout new guideline on industry’s recapitalisation post-pandemic
The National Insurance Commission (NAICOM) has revealed plans to release new recapitalization guidelines for insurance and reinsurance companies at the end of the Covid-19 pandemic.
President Buhari appoints NAICOM, NDIC board members
President Muhammadu Buhari has approved the appointment of Mr Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).
‘Insurance operators not compelled to contribute N10m against COVID-19’
The insurance companies underwriting risks in the country and beyond have debunked allegations by some people in the industry that they are being compelled to contribute N10 million each towards the fight against Coronavirus pandemic.
CIIN canvasses united front in tackling pandemic
The President of the Chartered Insurance Institute of Nigeria, Eddie has called for joint effort by industry stakeholders to support the fight against the global pandemic, COVID-19.
NAICOM rolls out operational palliatives over COVID-19 lock down
The National Insurance Commission (NAICOM) has rolled-out regulatory palliative measures meant to sustain insurance operations and shield insurance policyholders from the negative consequences
‘How to raise industry’s penetrations with relevant insurance products’
Identifying the need to diversify insurance products to meet the needs of every Nigerian will help to increase insurance penetration across the country, the sector experts have said.