NAICOM
18 Jan
The National Insurance Commission (NAICOM) and the Nigeria Police Force (NPF) have entered a partnership to strengthen the enforcement of compulsory insurance in the force.
11 Jan
The Nigerian Content Development and Monitoring Board (NCDMB) has revealed a plan to raise participation of Nigerian insurance’s participation in the oil and gas business to 70 per cent.
11 Jan
An underwriting firm, Consolidated Hallmark Insurance, has appointed Mary Adeyanju, as its Managing Director, following the confirmation of the National Insurance Commission (NAICOM).
8 Jan
The National Insurance Commission (NAICOM) has advised underwriting firms to ensure that premium quotes/rates for government assets are driven by appropriate data to enhance market efficiency.
5 Jan
There are indications that the National Insurance Commission (NAICOM) may consider the first quarter of this year to meet the N1 trillion Gross Premium Income (GPI) benchmark in the industry.
1 Jan
The National Insurance Commission (NAICOM) has called on underwriting firms to report insurance brokerage firms withholding premiums beyond 30 days for necessary sanctions.
25 Dec
The National Insurance Commission (NAICOM) has cautioned Ministries, Departments and Agencies (MDAs) against contravening any of the provisions of the Guidelines for Insurance of Government Assets and Liabilities.
11 Dec
Sir: Motor Insurance is, by far, not only the most popular class of insurance but also the dominant source of premium for most insurance companies in Nigeria, according to research by Finterate Projects, a business fitness consultancy led by my humble self.
1 Dec
Plans by the insurance sector to generate a premium of N148.30 billion from third-party motor insurance by December 31, 2023, as against N56.76 billion recorded in 2022, may not be realised owing to the rising economic challenges in the country.
13 Nov
The National Insurance Commission (NAICOM) has given a two-week timeline to the Nigerian Insurers Association (NIA) to publish details of outstanding claims in the industry on their website to aid policyholders who wish to claim their settlements.
7 Nov
Despite the harsh economic situation in the country, insurance firm, Noor Takaful Limited, has raised N4.97 billion as its gross premium contribution for the 2022 financial year.
25 Oct
To curtail the menace of building collapse in the country, stakeholders in the insurance sector has called for the enforcement of Insurance Act that makes it compulsory for public buildings to be adequately insured.
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