The National Insurance Commission (NAICOM) has called on all African governments to support the insurance industry for economic growth.
The National Insurance Commission (NAICOM) has stressed the need for regulatory reforms to address the challenges in African insurance markets.
Ahead January 1, 2023, International Financial Reporting Standard (IFRS) 17 implementation, Nigeria and other 50 countries may share from the estimated cost of $20 billion for the global insurance industry...
The National Insurance Commission (NAICOM) and the Lagos Chamber of Commerce (LCCI) have stressed the need to increase insurance penetration.
Despite worries about a recession, operators in the nation’s insurance industry have supported the economy with claim settlement of about N747.06 billion in the last five years.
28 Dec 2020
Small and medium-sized businesses (SMEs) in the country have been urged to leverage on insurance products to manage their risks in time of uncertainties.
21 Dec 2020
The National Insurance Commission (NAICOM) has expressed worry over the declining participation of life companies in retiree life annuity (RLA) business, which is considered a huge opportunity for the industry.
3 Dec 2020
The National Insurance Commission (NAICOM) is supporting the growth of microinsurance, especially at rural areas to de-risk the micro, small and medium enterprises (MSMEs) in the event of losses.
30 Nov 2020
The National Insurance Commission (NAICOM) said it is profiling insurance companies with huge unsettled claims for necessary regulatory actions.
9 Nov 2020
The National Insurance Commission (NAICOM) has implored underwriting companies to stand firmly by the insured individuals and businesses that suffered varying degrees of losses during the widespread #EndSARS protests.
5 Oct 2020
The National Insurance Commission (NAICOM) has unveiled a digital platform to drive insurance business and deepen penetration.
7 Sep 2020
Nigeria’s insururance industry is going through a transformation with the National Insurance Commission (NAICOM), and major players strategizing to take prime positions for growth. The Commissioner for Insurance, Sunday Thomas, in this interview with BANKOLE ORIMISAN, speaks on how the industry is planning to attain N1 trillion premium income benchmark in the next two years,…