23 results
- 27 Jun 2023
Nigerian Insurers Pool N726.2bn Premium in 2022
Nigerian Insurers Association (NIA) yesterday said that the volume of premium recorded by its member companies in 2022 grew to about N726.2 billion. Mr Olusegun Omosehin, NIA’s Chairman, said this…
- 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…
- 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…
- 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…
- 28 Nov 2025
NAICOM Insists on July 2026 Deadline for New Capital Requirement
The National Insurance Commission (NAICOM) has set a July 2026 as the deadline for issuance of license to insurance and reinsurance companies that comply with the new Minimum Capital Requirement…
- 30 Sept 2024
NAICOM Highlight Strategies to Achieve Insurance Penetration Across Nigeria
The National Insurance Commission (NAICOM), has highlighted five strategies it will adopt to achieve insurance accessibility and penetration across the country. The commission said these strategies…
- 19 Jun 2026
NAICOM’s 18 Months Management Spill @ African Alliance Ends
The National Insurance Commission (NAICOM) has handed over the management of African Alliance Insurance Plc to a newly constituted board nominated by shareholders. The move ends a regulatory…
- 20 Jul 2026
No Going Back on July 31 Deadline for Insurance Firms' Recapitalisation - NAICOM
National Insurance Commission (NAICOM) has declared that it has no plans to extend the 31 July 2026, deadline for the ongoing insurance industry recapitalisation exercise, asserting that the date is…
- 9 Feb 2025
NEMSA, NAICOM Sign Agreement to Boost Electrical Safety, Insurance
The Nigerian Electricity Management Services Agency has signed a Memorandum of Understanding with the National Insurance Commission to enhance electrical safety compliance in residential, commercial,…
- 5 Jul 2026
PufferPay CEO to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026
Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of PufferPay Limited will deliver the keynote paper at the 3rd Business Journal Fintech & Financial Inclusion Roundtable 2026 scheduled for…
- 29 Jun 2026
EVC NCC, Aminu Maida, to Lead Speakers @ Business Journal Fintech & Financial Inclusion Roundtable 2026
Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC) would be the Special Guest of Honour at the 3rd Business Journal Fintech & Financial Inclusion Roundtable…
- 10 Jun 2022
Insurance Experts urge Operators to Practice Sustainable Insurance
Insurance experts have urged stakeholders in the industry to practice sustainable insurance, saying that this is the future of the risk business. The experts spoke at the maiden edition of the…
- 4 Nov 2025
Firms Eye Fintech Model for Insurance
Technology firms (InsurTechs) are working to secure the approval of the National Insurance Commissions (NAICOM) to drive insurance products in Nigeria. So far, Mp-Platform Ltd, Insurance Hub Nig.…
- 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…
- 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…
- 5 Aug 2026
NAICOM Issues New Licences to 43 Recapitalized Insurers
The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking…
- 4 Mar 2026
NAICOM Signs MoU with BPP to Deepen Insurance Compliance in Public Procurement
The National Insurance Commission (NAICOM), has signed a Memorandum of Understanding (MoU) with the Bureau of Public Procurement (BPP) for collaboration and strengthening of the insurance industry,…
- 13 Feb 2026
NAICOM Targets Resilient, Global Competition Market in Insurance Sector Consolidation
The National Insurance Commission (NAICOM) has unveiled a far-reaching reform agenda aimed at strengthening industry stability, improving consumer confidence, and positioning the sector to play more…
- 12 Sept 2025
FintechNGR Engages CBN, NAICOM, Others to Strengthen Regulatory Interface with Fintechs
The Fintech Association of Nigeria (FintechNGR), the umbrella body of Financial Technology operators in the country recently had high-level engagements with top regulators and lawmakers, aimed at…
- 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…
- 19 Feb 2025
NAICOM, UNDP, Others to Promote Insurance Literacy, Consumer Protection
The National Insurance Commission (NAICOM), and the United Nations Development Programme (UNDP) recently took their Insurance Literacy and Consumer Protection Campaign to Wuse Market, Abuja. NAICOM…
- 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…
- 22 Nov 2024
Data Commission, NAICOM Partner to Safeguard Data in Insurance Industry
Nigerian Data Protection Commission (NDPC) and National Insurance Commission (NAICOM) have signed a Memorandum of Understanding (MoU) to protect data pilfering in the insurance industry. The…