Recapitalisation ‘ll empower local insurers to retain huge risks – Kari

Matthew Otoijagha The Commissioner for Insurance, Mohammed Kari, has said, the ongoing recapitalization will allow 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…

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…

Struggling insurance firms made N572.43m income in 2016

Some insurance companies, numbering eleven (11) made just N572.43 million from their investments in 2016, according…

Emmanuel Jideoffor Nwosu: New Chairman Governing Board of NAICOM

Matthew Otoijagha   The Honourable Minister of Finance Kemi Adeosun on Thursday named Chief Emmanuel Jideoffor Nwosu from South…

Proxies would no longer be admitted to insurance CEO meeting-Kari 

Matthew Otoijagha The National Insurance Commission (NAICOM) has said it will no longer admit representatives of…

Insurers failed to settle over N400million claims-Dangote

Matthew Otoijagha Dangote Group has disclosed that so far, he has paid a total of N5…

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