13 results
- 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…
- 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…
- 20 May 2021
NAICOM, Transport Ministry Partner on Insurance for Transport Owners
The National Insurance Commission (NAICOM) and the Federal Ministry of Transportation have agreed on a partnership that would ensure provision of adequate insurance for road transport owners and…
- 20 Jun 2022
NAICOM License Micro Insurance Institutions to Promotes Financial Inclusion
The National Insurance Commission (NAICOM), has explained that its reason for issuing operating licenses to micro insurance institutions was to ensure that Nigerians at the grass roots were not left…
- 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…
- 9 Feb 2022
FSD Africa, NAICOM Partner to Launch Bimalab
FSD Africa and Nigeria’s National Insurance Commission (NAICOM) have partnered to launch BimaLab, an accelerator programme designed to boost the development and adoption of digital solutions for the…
- 23 Feb 2022
NAICOM Partners FSD Africa to Launch Digital Insurance Solution
The National Insurance Commission (NAICOM) is partnering FSD Africa to launch BimaLab, an accelerator programme designed to boost the development and adoption of digital solutions for the insurance…
- 7 Dec 2023
NAICOM Urges Directors to Institutionalize Sustainability in Businesses
National Insurance Commission (NAICOM), has tasked board members of all the insurance institutions to contribute towards institutionalizing sustainability in their various business entities. The…
- 29 Nov 2021
NAICOM Insists on Implementation of IFRS 17 from Jan 2023
The National Insurance Commission (NAICOM) has said that it would not go back on the proposed implementation of International Financial Reporting Standard (IFRS17) in insurance industry on January 1,…
- 9 Mar 2022
NAICOM to Sanction Firms for Failure to Comply with Digital Regulatory Model
The National Insurance Commission (NAICOM), has said that it would sanction any insurance firm that failed to upload its daily operational transactions into its regulatory portal. This is just as the…
- 28 Sept 2022
NAICOM to Reintroduce RBS Capital Increase Model
The National Insurance Commission (NAICOM) has said that its next line of action in its journey towards full adoption and implementation of the Risk Based Supervision (RBS) model of regulation is the…
- 10 May 2023
FG Urges Sub-regional Insurers to Prepare for Global Competitiveness
The federal government has tasked insurance operators across the West African sub-region to get prepared for big business opportunities in the sub region and reposition for global competitiveness…
- 13 May 2020
NAICOM Issues Clarification on N11Bn Free Insurance Policy for Health Workers
National Insurance Commission (NAICOM) has clarified issues around the free N11 billion insurance benefits provided by the sector for health workers fighting against the spread of the COVID-19 in the…
