NAICOM

The National Insurance Commission (NAICOM) has conducted a sensitisation workshop for the Joint Taskforce on Enforcement of the pilot scheme of the Compulsory Insurances in the FCT. The workshop which took place Thursday in Abuja is…

The National Insurance Commission(NAICOM) has reiterated its commitment to collaborate with stakeholders including government agencies to boost the growth of the Insurance industry. Sunday Thomas, the Commissioner for Insurance stated at…

The National Insurance Commission (NAICOM) and Nigerian Content Development and Monitoring Board (NCDMB) have jointly issued Insurance Guideline to ensure strict compliance and enforcement of the Nigerian Oil and Gas Industry Content…

The Securities and Exchange Commission has approved the acquisition of International Energy Insurance (IEI) Plc by Norrenberger Advisory Partners Limited (NAPL). Norrenberger Advisory Partners Limited had in late 2021 commenced the…

President Muhammadu Buhari has re-appointed Abubakar Sani as the chairman of the National Insurance Commission (NAICOM). Other board members who were re-appointed are Robert Ohuoba, Ijeoma Chinenye Ekeocha and Muazu Barau. Each of…

The Commissioner for Insurance, Sunday Thomas, said the Commission is implementing various market developmental initiatives to lift the insurance sector to a global standard. Delivering a keynote address at a  retreat for Financial…

The National Insurance Commission (NAICOM) weekend foreclosed bailouts or any form of financial assistance to failing insurance companies that can no longer meet up with obligations to policyholders. The commission came out with this…

To curb losses associated with road accidents within the country and the Ecowas region, both the National Insurance Commission (NAICOM) and Transport ministry are in a pact to work together. Consequently, the two have agreed to…

Operators in Nigeria’s insurance industry Monday convened for an indepth study of the International Financial Reporting Standard (IFRS) 17 which compels every insurance contract and financial accounts to be prepared in accordance with its…

The National Insurance Commission has cancelled the operational licence of Unic Insurance Plc. It disclosed this in a public notice on ‘Cancellation of operational licence of Unic Insurance Plc- RIC 043’. The commission announced this…