‘Don’t fight NAICOM over recapitalisation policy’-Buhari

Matthew Otoijagha President Muhammadu Buhari has charged insurance operators not to work against the present recapitalisation…

Revised insurance distribution channel to replace state insurance policy-NAICOM

Matthew Otoijagha The National Insurance Commission will soon introduce a revised insurance distribution channel, which will…

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…

Why the annual financial results of most insurance firms remain consistently poor

Matthew Otoijagha It has become a common saying that Insurance is under performing in Nigeria, with…

Insurers pay N143bn claims in third quarter 2018

Matthew Otoijagha Insurance companies have paid N143 billion as claims to policyholders who suffered losses as…

State insurance producer operational licence fixed at N2m

MATTHEW OTOIJAGHA The National Insurance Commission (NAICOM) has released the guidelines for State Insurance Producer (SIP)…

CIIN calls on Abuja residents to make insurance top priority

Matthew Otoijagha The Chairman of Abuja chapter of the Chartered Insurance Institute of Nigeria, Dr. Bola…

Insurance sector ready to drive financial inclusion through NIIDP-Kari

Matthew Otoijagha The Commissioner for Insurance, Mohammed Kari, has said that the insurance sector is ready…

Underwriters skeptical of micro insurance model

Underwriters seem to be skeptical of acquiring micro insurance licenses, as the National Insurance Commission (NAICOM)…

Kari advises insurance brokers to change business approach

Matthew Otoijagha To remain relevant in the insurance value-chain in Nigeria, the “Future Broker” must be…

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…

NAICOM urges insurance firms to consolidate

Matthew Otoijagha There is an urgent need for insurance firms in the country to consolidate, the…

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…

FG to provide insurance cover for 3.8 million farmers

The Federal Government is planning to increase insurance coverage for the agricultural sector from the current…

Insurance firms cough out $4million for infractions

MATTHEW OTOIJAGHA The regulatory body of the insurance sector, the National Insurance Commission (NAICOM), has fined…

Micro-insurance creates opportunities for retired insurance professionals- Experts

Matthew Otoijagha The revised micro insurance guideline recently issued by the National Insurance Commission (NAICOM) has…

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