The West Africa Supervisors Association (WAISA) has picked the Director of Inspectorate, the National Insurance Commission (NAICOM), Dr. Pius Agboola, as the chairman of its newly-established College of Insurance Supervisors for the West African Monetary Zone (CISWAMZ).
5 Oct 2020
One of the major problems currently facing underwriting businesses is their inability to raise their capital base to meet the proposed requirement.
20 Aug 2020
The National Insurance Commission (NAICOM), has released fresh guidelines for the payment of minimum paid-up share capital by insurance and reinsurance companies in Nigeria.
2 Jan 2020
Shareholders and operators in the Insurance Sector on Tuesday lauded the National Insurance Commission (NAICOM) for extending the deadline for the recapitalisation of the Insurance and Reinsurance...
4 Nov 2019
The National Insurance Commission (NAICOM) has said funds raised from investors in the ongoing recapitalisation would be refunded if the insurance operators failed to scale through.
2 Sep 2019
The National Insurance Commission (NAICOM) has said the liquidity position of some underwriting companies in the country has hindered the industry’s progress, with heavy investments on fixed assets.
19 Aug 2019
The nation’s insurance industry may lose 72 per cent of the insurance business in the Dangote Oil Refining company.
5 Nov 2018
The National Insurance Commission (NAICOM) has called for collaborations across the nation’s regulatory agencies, as well as foreign counterparts, in efforts to bridge...
17 Apr 2017
The National Insurance Commission (NAICOM), has endorsed the College of Insurance and Financial Management (CIFM), to train staff/employee of insurance firms before acting as bancassurace manager or desk officers among others.
2 Jan 2017
The National Insurance Commission (NAICOM), the industry regulator, has revealed plans to sanction operators that contravene the local content policy by ceding businesses offshore...
7 Nov 2016
Making his presentation, the NAICOM Director, Authorisation and Policy, Pius Agboola, noted that although the economy had been witnessing some growth, but it does not translate into development.
7 Nov 2016
National Insurance Commission (NAICOM), has concluded plans to make available the operational guidelines meant at regulating the partnership business between the insurance industry operators and...