30 results
- 10 May 2021
Insurance Commissioner Urges Operators to Embrace Disruptive Innovations
Mr. Sunday Thomas, the Commissioner of Insurance, has charged practitioners in insurance sector to embrace disruptive business models in order to be able to build an industry that would withstand…
- 21 Feb 2012
Daniel Tasks Insurers on Enforcement of Compulsory Insurance
Fola Daniel, commissioner for insurance has called on insurance companies to change their poor attitude to the implementation of compulsory insurances, warning that, if not well pursued, the…
- 2 Jul 2019
NAICOM Boss Calls for Reform of Insurance Industry
Mr. Mohammed Kari, the Commissioner for Insurance National Insurance Commission (NAICOM), has stressed the need to reform and digitise the country’s insurance industry to boost the economy. Kari said…
- 24 Dec 2021
NAICOM says Insurance Industry Attracting Huge Pension Funds
Mr. Sunday Thomas, the Commissioner for Insurance, National Insurance Commission, has said the insurance industry is attracting huge pension funds and contributing largely to the national economy. A…
- 10 Jan 2022
NAICOM Urges Insurance Firms Take Claims Settlement Seriously
Mr Sunday Thomas, the Commissioner for Insurance, has urged insurance companies to take claims settlement seriously because it is necessary to boost the image of the insurance industry. Thomas said…
- 1 Jun 2021
NAICOM says Govt Assets Inadequately Insured
The National Insurance Commission, NAICOM, has said that most assets of the Federal Government are never adequately and appropriately insured. Mr. Sunday Thomas, Commissioner for Insurance, stated…
- 31 Aug 2021
NAICOM Boss Urges Operators to Strategise for Effective Management of N14tn Annuity Premium
Mr. Sunday Thomas, the commissioner for Insurance, has charged insurance industry operators to strategies on how best to effectively manage the existing N14 trillion pension assets, which will…
- 13 Sept 2021
NAICOM Seeks Active Role for Insurers in AfCFTA
The Commissioner for Insurance, Mr Sunday Thomas, has urged African leaders to create an enabling environment for insurers to play more relevant roles in the continent’s free trade zone. Thomas spoke…
- 22 Sept 2013
Why We Introduced Oil & Gas Guideline- NAICOM
National Insurance Commission (NAICOM) has said that the introduction of oil and gas guideline for the sector is to increase insurance firms’ market. Mr. Fola Daniel, commissioner for Insurance, who…
- 7 Nov 2022
NAICOM Urges Shareholders to Demand Insurers’ Accountability
Mr Sunday Thomas, the Commissioner for Insurance, has said it is important for shareholders to ask the management of the insurance companies questions on how their companies are being managed. Thomas…
- 5 Apr 2022
Insurance Sector Holds Potential for Enhancing Sustainable Development - Thomas
Mr. Sunday Olorundare Thomas, the Commissioner for Insurance, has said that the insurance sector holds potential for enhancing sustainable development with the 2030 Agenda. Thomas who stated this…
- 12 Dec 2022
NAICOM Boss Urges Insurance Firms to Develop Green Products, Efficiency
Mr Sunday Thomas, Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), has tasked insurance companies with the development of green products and…
- 14 Feb 2012
NAICOM Partners ECOWAS, EU to Set up Reinsurance Firm
Fola Daniel, Commissioner for Insurance, has said that the National Insurance Commission (NAICOM), in partnership with the European Union (EU) and Economic Community of West African States (ECOWAS),…
- 30 Oct 2024
NAICOM Sacks African Alliance Insurance Board
The National Insurance Commission, (NAICOM), on Wednesday, sacked the board of African Alliance Insurance Plc with effect from October 30, 2024. The Commissioner for Insurance, Mr. Segun Omosehin,…
- 12 Jan 2025
NAICOM Seeks Police’s Support to Enforce Third-party Motor Insurance
National Insurance Commission (NAICOM) has sought the support of the Nigeria Police Force to enforce Third-Party Motor Insurance in Nigeria. The Commissioner for Insurance/CEO, Mr. Olusegun Ayo…
- 24 Feb 2021
NAICOM Blames Inappropriate Technology for Growing Offshore Reinsurance
Mr. Sunday Thomas, the Commissioner for Insurance, has attributed lack of appropriate technology for indigenous insurance firms losing of underwriting businesses in oil, gas and aviation sectors.…
- 22 Sept 2025
NAICOM, NCRIB Commit to Drive Penetration
Mr. Olusegun Ayo Omosehin, the Commissioner for Insurance (CFI), has reaffirmed the National Insurance Commission’s (NAICOM) commitment to strengthening collaboration with the Nigerian Council of…
- 18 Jun 2024
NAICOM Seeks Police Support on Enforcement of Motor Third-party Insurance
The National Insurance Commission (NAICOM) has asked the support of the Nigeria Police Force in advancing the insurance industry road map particularly in the enforcement of Motor Third- Party…
- 6 Oct 2021
NAICOM set to Enforce Insurance of Buildings above Two Floors
The National Insurance Commission (NAICOM) is set to enforce the insurance of buildings above two floors, in the country. Alhaji Sabiu Abubakar, Deputy Commissioner for Insurance, Technical disclosed…
- 23 Feb 2020
NAICOM Begins Full Digitisation of its Operations
National Insurance Commission (NAICOM) says it has commenced the process of digitising all its operations. Mr Sunday Thomas, Acting Commissioner for Insurance, said this at a retreat organised by the…
- 3 Sept 2024
NAICOM Engages Governors’ Forum to Enhance Penetration
The Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, has opened up discussions with the Nigeria Governors’ Forum (NGF) in a bid…
- 6 Feb 2015
NAICOM to Consolidate on Insurance Reforms
The National Insurance Commission (NAICOM) said yesterday that in 2015 it would endeavour to consolidate on reforms initiated in the past seven years. Mr. Fola Daniel, commissioner For Insurance,…
- 29 Jun 2026
NAICOM Moves to Deepen Penetration Through Licensing of a New Insurtech
The National Insurance Commission (NAICOM), has demonstrated its commitment to leveraging digital innovation to deepen insurance penetration and expand Nigerians’ access to insurance through granting…
- 25 Oct 2023
NAICOM Sets 7-point Strategic Vision to Transform Sector
In line with its transformation journey to position insurance business in Nigeria to stand competitively in the troubled global financial market, the Commissioner for Insurance, Mr Olorundare Sunday…
- 5 Feb 2025
NAICOM, World Bank Explore Opportunities for Collaboration
The National Insurance Commission (NAICOM) and the World Bank have collaborated to explore opportunities for the latter’s growth and development. During a courtesy visit, the Commissioner for…
- 3 Jul 2025
NAICOM Issues New Licenses to SanlamAllianz Life, General Insurance
The National Insurance Commission (NAICOM) has handed over new licenses to SanlamAllianz Life and General Insurance Nigeria Ltd at brief ceremony held in Abuja. Olusegun Omosehin, commissioner for…
- 7 May 2021
NAICOM Tasks Insurers, Banks to Explore Opportunities Outside Traditional Channels
The National Insurance Commission (NAICOM), has counselled practitioners in the banking and insurance sectors on the need to explore other paths to wealth creation than sticking to traditional…
- 16 Sept 2021
NAICOM Seeks Unity, Cooperation Among Regional Insurers
The National Insurance Commission (NAICOM), has called for unity and cooporation among operators of insurance sector in Africa to engender growth and development of the sector. The commissioner for…
- 31 Jan 2014
Chukwulozie, EX-NAICOM Boss Bags 15yrs Jail Term for N10.4m Fraud
Chief Okechukwu Chukwulozie, a former commissioner of the National Insurance Commission, (NAICOM) has been sentenced to 15 years in prison by an Abuja High Court , after being found guilty of…
- 1 Mar 2010
Insurance Has Potentials to Contribute Significantly to Economy ---Fola Daniel
As the insurance industry earnestly awaits implementation of the new laws put in place by the committee on the review of insurance laws and regulations headed by Professor Joe…