News NAICOM sacks board, management of African Alliance Insurance Alagbe Shenayon Oct 30, 2024 The National Insurance Commission (NAICOM) has dismissed the board and management of African Alliance Insurance Company. In a…
Business New Commissioner for Insurance, Omosehin assumes office; Thomas bows out Oluwadamilare Emmanuel May 3, 2024 The new Commissioner for Insurance, Olusegun Ayo Omosehin on Friday (today) formally resumed duty at the National Insurance…
Business Pension funds rise by 22% to N18tn – NAICOM Toyibat Ajose Jan 30, 2024 The total assets under the Contributory Pension Scheme reached N18.36tn by the end of 2023, according to data from the National…
Motorists to now pay N15,000 for N5,000 Third-Party Vehicle Insurance from… Oluwadamilare Emmanuel Dec 24, 2022 The National Insurance Commission (NAICOM)
More insurance companies may be liquidated – NAICOM Oluwaseyi Lawal Jul 29, 2022 The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of…
NAICOM commences issuance of operating licenses to new insurance,… Oluwadamilare Emmanuel Jul 19, 2022 After 10 years of suspending issuance of licences to new insurance and reinsurance companies, the National Insurance Commission…
JUST IN: NAICOM revokes operational licenses of Niger Insurance, Standard… Reporter Jun 28, 2022 The Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance Plc have been revoked by the National…
NAICOM Stops Insurance Companies from Foreign Operations Oluwadamilare Emmanuel Mar 23, 2020 In its bid to support the local economy, the National Insurance Commission (NAICOM) has warned insurance companies not to!-->…
NAICOM extends licence renewals Oluwadamilare Emmanuel Jan 10, 2020 The National Insurance Commission (NAICOM) has approved the renewal of the licences of insurance brokers and loss adjusters to!-->…
NAICOM shifts recapitalisation deadline by six months Oluwadamilare Emmanuel Dec 31, 2019 The National Insurance Commission (NAICOM) has extended the recapitalisation deadline by six months. Operators now have from June!-->…