There are indications that the National Insurance Commission (NAICOM) would review the cancelled State Insurance Policy…
Alhaji Mohammed Kari
NAICOM heightens regulatory oversight; restrict insurers’ businesses to financial capacity
Matthew Otoijagha The National Insurance Commission, NAICOM, said that it has heightened its regulatory oversight to…
Two micro-insurance firms on verge of securing approval to operate
Matthew Otoijagha There are strong indications that two micro-insurance companies will soon commence operation as they…
NAICOM, insurance firms to extend bancassurance strategy to microfinance banks
Matthew Otoijagha As part of efforts to increase insurance coverage, the National Insurance Commission and insurance…
NAICOM pegs Capital Base for State Insurance Producers at N2m
The National Insurance Commission (NAICOM) has pegged the capital base for State Insurance Producer (SIP) at…
Claims refusal: Underwriters risk losing N30bn industry contribution to statutory deposit
Matthew Otoijagha Underwriting companies that refuse to pay genuine claims risk losing substantial part of their contributions…
Inadequate capacity: N100bn lost annually in aviation insurance
Matthew Otoijagha The nation’s insurance industry loses N100 billion yearly to capital flight due to lack…
Insurance industry growth due to strict regulation-Kari
Matthew Otoijagha The Commissioner for Insurance, Alhaji Mohammed Kari, has said proper regulation of the Nigeria’s…
NAICOM to check illegal placement of business abroad
Alhaji Mohammed Kari, Commissioner for Insurance, has warned insurance consumers and operators against placing their risks…