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NATIONAL INSURANCE COMMISSION

The GMD of Capital Express Holdings, Yinka Obalade, has announced that the company would be selling some of its operations in Africa.
Coronation Research has urged NCC and CBN to use the existing technology platforms to boost the growth and acceptance of insurance in the country. 
Consolidated Hallmark Insurance Plc has secured the approval of its shareholders to raise additional capital through a rights issue.  
The number of insurance firms that have secured no objection from NAICOM to go ahead with their recapitalisation plan is presently 44. 
The Board of Directors of Guinea Insurance is looking to raise additional capital for the firm.
The acting commissioner of NAICOM, Sunday Thomas has advised Boards of Directors of insurance firms to ensure sound management of the companies without interfering in management decisions. 
Karim-Franck Dione has been appointed as the Non Executive Director of SUNU Assurances Nigeria Plc.
26 insurance firms have gotten approval from the National Insurance Commission (NAICOM) to go ahead with their recapitalisation plan.
Wole Onasanya has been appointed as the substantive Executive Director of Veritas Kapital Assurance Plc.
Linkage Assurance Plc has sought to increase its authorised share capital from N7.5 billion to N15 billion. The share capital will be increased by the creation
Convert failed insurance firms to micro Insurers, expert urges NAICOM 
Nigeria’s insurance industry has not shared in the growth experienced by other Nigerian financial services, notably banks, pension funds and mutual funds.