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President Muhammadu Buhari, has, approved the appointment of Sunday Thomas as the substantive commissioner for Insurance/chief executive officer, National Insurance Commission (NAICOM). His appointment was announced...
Workers in the nation’s banking sector at the weekend threatened to ground all banking operations nationwide beginning from January 2, 2020. Association of Senior Staff...
IFC, a member of the World Bank Group, today announced that it has signed an agreement with Africa RE, a pan-African reinsurance company headquartered in Nigeria,...
The Nigerian Council of Registered Insurance Brokers (NCRIB) has applauded the National Insurance Commission (NAICOM) over the cancellation of State Insurance Producer (SIP), a new distributive...
The National Insurance Commission (NAICOM) has withdrawn and canceled the circular on Tier Based Minimum Solvency Capital (TBMSC) policy meant to recapitalize and reclassify insurance companies....
AIICO Insurance Plc, on Wednesday launched its new product aimed to strengthen the agricultural sector. Mr. Edwin Igbiti, AIICO Managing Director said at the launch of...
The National Insurance Commission (NAICOM) on Friday extended the insurance companies’ Tier-based recapitalization commencement date to Oct. 1, as against January 1, 2019, it earlier announced....
Senate on Monday at a public hearing organised by its committee on Banking, Insurance and other Financial Institutions frustrated attempts to seek legal backing for Insurance...
Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM) will collaborate for better enforcement against insurance companies who misappropriate funds raised from the capital...
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,...