Matthew Otoijagha The 4th edition of the National Association of Insurance and Pension Correspondents (NAIPCO)…
National Insurance Commission (NAICOM)
Insurance recapitalization: Over N29.64bn negative reserves expected to be cleared
Matthew Otoijagha Insurance companies seeking recapitalization have to first wipe away their over N29.64 billion negative…
Mutual Benefits assure shareholders of meeting recapitalisation deadline
Matthew Otoijagha Mutual Benefits Assurance Plc. has assured its shareholders that it would meet the required…
NAICOM to review canceled SIP to drive insurance adoption in states
Matthew Otoijagha There are indications that the National Insurance Commission (NAICOM) would review the cancelled State…
Axa Mansard Insurance appoints new Executive Director
Axa Mansard Insurance Plc‘s Board of Directors has unanimously approved the appointment of Sohail Ali as the…
Underwriters to submit 2018 financial report by end of April
Matthew Otoijagha Determined to ensure insurance companies comply with the rules governing the International Financial Reporting…
NAICOM suspends Guinea Insurance from taking new business
Matthew Otoijagha The National Insurance Commission (NAICOM) has suspended Guinea Insurance Plc from doing new businesses,…
NAICOM, CBN grant approval to digitalize marine insurance certificate
Matthew Otoijagha The National Insurance Commission (NAICOM) and Central Bank of Nigeria (CBN) have granted approval…
Insurance experts list major challenges to industry growth
Matthew Otoijagha As the insurance year 2018 came to an end few days ago, industry experts…
Experts say insurance industry lost remarkable growth to TBMSC cancellation
Matthew Otoijagha With the cancellation of the Tier Based Minimum Solvency Capital (TBMSC) framework by the…
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 restructures, creates 20 additional state branch offices
The Governing Board of the National Insurance Commission (NAICOM) has approved the restructuring of the commission…
Group wants compensation over cancelled TBMSC policy
Matthew Otoijagha There is a new twist to the withdrawal and cancellation of the Tier Based…
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The National Insurance Commission of Nigeria has today withdrawn the circular on Tier Based Solvency Capital…
State insurance producer operational licence fixed at N2m
MATTHEW OTOIJAGHA The National Insurance Commission (NAICOM) has released the guidelines for State Insurance Producer (SIP)…
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…
Nigeria likely to lag-behind other countries in TBMSC implementation
MATTHEW OTOIJAGHA Unless urgent steps are adopted to resolve the impasse clogging the implementation of the…