Eddie Efekoha, the president of the Insurance Industry Consultative Council (IICC), has expressed confidence that the recapitalization…
NAICOM
Lagos prepared for recapitalization, says DG
Matthew Otoijagha The Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga, has said the state…
Insurance companies pressurize NAICOM for deadline extension
Matthew Otoijagha Chief executives of insurance companies have held an emergency meeting over some requirements in…
Majority of insurance firms may be unable to recapitalize-Operator
Matthew Otoijagha With the ongoing recapitalization in the insurance industry, only 10 insurance companies may remain…
Recapitalisation: Few Insurance Firms at Ease
Twelve years after the last recapitalization exercise in insurance industry, NAICOM announced last week Monday that…
NAICOM release minimum paid-up share capital policy for insurance firms
Matthew Otoijagha The National Insurance Commission (NAICOM) today released the minimum paid-up share capital policy for…
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…
N1 trillion insurance premium target for 2020 in doubt-Investigation
Matthew Otoijagha There are indications that the insurance industry may not meet the N1trillion premium income…
AIICO Insurance approves 2018 Financial Report
The Board of a Nigeria-based company, which deals in providing insurance services in life insurance business,…
Experts advise Nigerians to embrace insurance
Matthew Otoijagha The Executive Director, Technical, of Old Mutual General Insurance Company, a subsidiary of the…
Insurers pay N143bn claims in third quarter 2018
Matthew Otoijagha Insurance companies have paid N143 billion as claims to policyholders who suffered losses as…
Insurance, pension identified as instrument to mitigate election risk
Matthew Otoijagha Insurance and pension have been identified as reliable instruments to mitigate risks that stem…
SUNU Assurance hunts for MD
SUNU Assurance Nigeria Plc has a deadline of 78 days to appoint a substantive managing director,…
Shareholders commend cancellation of new insurance recapitalization program
Matthew Otoijagha Shareholders on Monday commended the National shareholders under the aegis of the Independent Shareholders…
NAICOM withdraws circular on Tier Based Solvency Capital Policy for Insurance companies
The National Insurance Commission of Nigeria has today withdrawn the circular on Tier Based Solvency Capital…
Group to unveil platform aimed at promoting retail insurance
MATTHEW OTOIJAGHA Determined to deepen insurance penetration, a group has announced plans to unveil a platform…