NAIPCO National conference to hold Thursday

  Matthew Otoijagha The 4th edition of the National Association of Insurance and Pension Correspondents (NAIPCO)…

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…

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…

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…

600 brokers, insurers canvass NNPC multi-billion insurance business

Matthew Otoijagha The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said…

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…

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