NAICOM
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 2023
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.
25 Oct 2023
The Commissioner for insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Sunday Thomas, revealed that the agency successfully mobilised the industry to contribute no less than N500 million and free Life Insurance cover for frontline workers...
9 Oct 2023
KBL Insurance Limited has secured the approval of the National Insurance Commission (NAICOM) to underwrite agricultural risks in the country.
25 Sep 2023
The Nasarawa State Governor, Abdullahi Sule, has advised stakeholders in the construction sector to embrace insurance to mitigate associated risks at the workplace. The governor made the call during a courtesy visit by the management of the National Insurance Commission (NAICOM) led by the Commissioner for Insurance, Sunday Thomas, to the state government. The governor…
4 Sep 2023
Over a year after Standard Alliance Insurance Plc and Niger Insurance Plc were liquidated, thousands of policyholders whose claims were due long before the regulatory intervention are still on the queue while the appointed receiver managers...
4 Sep 2023
The National Insurance Commission (NAICOM) has urged underwriting firms to increase their claims reserve accounts so that they would have enough funds to settle huge claim liabilities.
30 Aug 2023
The National Insurance Commission (NAICOM) has revealed plans to roll out a unified industry master plan that would address some of the pending challenges confronting the sector by October.
14 Aug 2023
The Financial Sector Deepening Africa (FSD Africa) and the National Insurance Commission (NAICOM) have partnered as part of efforts to promote growth and innovation in the nation’s insurance sector.
7 Aug 2023
The National Insurance Commission (NAICOM) has expressed its commitment to exploring the global Takaful insurance market, which is expected to grow to $25 trillion in 2025.
24 Jul 2023
The National Insurance Commission (NAICOM) has expressed its commitment to creating an enabling environment for insurers to increase their financial capacity to be able to underwrite big risks in line with the Guidelines for Oil and Gas Insurance Business issued in 2010.
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