The Federal High Court, Abuja, on Monday temporarily restrained the House of Representatives Committee on Capital Market and Institutions from summoning the Nigerian Insurers Association (NIA) and 17 insurance companies over its probe of alleged N98.4 billion liabilities against non-government-funded insurance companies in Nigeria.
The Nigerian Insurers Association (NIA) has inaugurated its 2025 Innovation Lab; a facility designed to accelerate digital solutions and reshape insurance practice in the country.
The Federal High Court, Abuja, on Wednesday refused the Nigerian Insurers Association (NIA) and 17 insurance companies' request to temporarily restrain the House of Representatives and its Committee on Capital Market and Institutions from probing and recovering alleged N98.4billion liabilities against non-government-funded insurance companies in Nigeria.
The Nigerian Insurers Association (NIA) has faulted the House of Representatives Committee on Capital Market and Institutions' ongoing investigations into certain member companies (Insurers) over alleged multi-billion financial infractions, alleging it raises questions about "legislative overreach" by the lawmakers.
The Nigerian Insurers Association (NIA) has called on industry stakeholders and regulators to work together to harness the economic potential of the African Continental Free Trade Area (AfCFTA) for the insurance sector’s expansion across Africa.
Heirs Life Assurance has been elected to the Governing Council of the Nigerian Insurers Association (NIA), following the Association’s 53rd Annual General Meeting held on June 27, 2024
Nigeria's insurance companies are aiming to achieve over N1 trillion in gross premiums this year by leveraging technology to drive insurance product adoption and acceptability in the country.
Lagos has commenced discussions with stakeholders on the enforcement of compulsory insurance on public buildings in the state.
The insurance industry generated N508 billion gross premium in 2021, out of which N224 billion was paid as claims.
In reaction to the collapse of the 21-storey building in Ikoyi, stakeholders in the insurance industry have condemned...
In order to meet the new regulatory requirement set by NAICOM, six insurance companies have made known their plans to merge.
The number of motorists with genuine motor insurance covers in Nigeria has reduced by 41.86% from 4.3 million to 2.5 million by September 2019.
