NAICOM pushes to enforce compulsory insurance policies

The Commissioner for Insurance, National Insurance Commission, Sunday Thomas, has said the commission is partnering with…

Insurance stocks will surprise the market- Mallam Kurfi

In this audio, the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi with Abayomi…

NAICOM revokes operating licence of UNIC Insurance

The National Insurance Commission (NAICOM) has notified the general public of the cancellation of the operational…

Recapitalisation: Reps order NAICOM to extend deadline

The House of Representatives has directed the National Insurance Commission (NAICOM) to suspend the December 31,…

Insurance firms seek extension for recapitalisation

Insurance firms have urged the National Insurance Commission (NAICOM) to waive the first phase of its…

Recapitalisation: NAICOM plans buffer for Insurance Companies

The acting Commissioner for Insurance,  Mr Sunday Thomas recently said that National Insurance Commission will support…

Insurers worry over new VAT rate

Insurers have expressed their concerns over the new VAT rate that becomes effective this month, February,…

NAICOM extends license renewals for brokers

The National Insurance Commission (NAICOM) has approved the renewal of the licenses of insurance brokers and…

NAICOM urges brokers to explore hinterland

The National Insurance Commission (NAICOM) has lamented the over concentration of brokerage firms in major cities…

Underwriting firms optimistic of more premium in 2020

Matthew Otoijagha The nation’s underwriters are optimistic that the industry would make more premium income from…

Insurance shareholders want June 2020 recapitalization deadline extended

Matthew Otoijagha Shareholders of some Insurance companies want the National Insurance Commission (NAICOM) to review its…

Insurance Commissioner regrets poor corporate governance practices in insurance firms

Matthew Otoijagha The Acting Commissioner for Insurance, Sunday Thomas, has said the low level of effectiveness…

Recapitalization will stimulate accumulation of long-term fund for development-NAICOM

Matthew Otoijagha The National Insurance Commission (NAICOM) has expressed optimism that the successful completion of the…

Investors want conversion of failed firms to micro-insurers

Matthew Otoijagha Experts in the nation’s insurance industry have called on Federal Government through the National…

NAICOM gives approval to 26 insurance firms’ to proceed with recapitalization plan

Matthew Otoijagha The National Insurance Commission (NAICOM) has given its approval for 26 insurance companies to…

NAICOM urges Insurance operators on timely completion of recapitalization

The National Insurance Commission (NAICOM), has urged insurance operators to work towards timely completion of their…

Anchor insurance secures audited financial statement accounts by NAICOM

Matthew Otoijagha Anchor Insurance Company Limited said it has secured approval of its audited financial statement…

Heavy investment on fixed income asset place some insurers poor liquidity position – NAICOM

Matthew Otoijagha   The National Insurance Commission (NAICOM) has said the liquidity position of some underwriters…