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, National Insurance Commission (NAICOM). This was disclosed by...
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
The acting Commissioner of the National Insurance Commission (NAICOM), Sunday Thomas has announced the launch of a portal that will integrate all insurance transactions
South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)