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NATIONAL INSURANCE COMMISSION (NAICOM)
Agusto & Co said that the increase of third-party motor insurance policy rates by NAICOM would boost the income of Nigerian insurance firms in FY 2023.
The National Insurance Commission (NAICOM), has raised third-party insurance coverage for motorists from N5,000 to N15,000 yearly
The National Insurance Commission (NAICOM), announced that it is will launch reforms, strategic plans, and digital development schemes...
NAICOM stated that it had appointed Hadiza Baba Gimba as the Receiver/Liquidator to wind up the affairs of the company.
For the industry to thrive, the regulators may also need to deepen micro insurers' activities in the Nigerian economy.
Stakeholders in the agricultural value chain have been advised to embrace insurance to reduce retained risk and remain sustainable.
NAICOM has issued a circular allowing conventional insurance companies in Nigeria to exploit the huge opportunities in the Microinsurance window.
NAICOM has stated that it will monitor and sanction insurance companies who fail to settle claims as at when due.
RLA increased to N463 billion in Q2 2020, representing a 15.34% marginal increase compared with the same period in 2019.
President Muhammadu Buhari has approved the appointment of Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer,...
In order to meet the new regulatory requirement set by NAICOM, six insurance companies have made known their plans to merge.
Insurance recapitalisation is counterproductive. #MUTUALBENEFIT #NAICOM