NIIRA 2025

The National Insurance Commission (NAICOM) has cleared seven additional insurance companies as having met the minimum capital requirements under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, bringing the industry’s long-running…

AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements introduced under the Nigerian Insurance Industry Reform Act…

Following a rigorous 12-month verification process, the National Insurance Commission (NAICOM) has announced that 43 insurance companies have completed the sector-wide recapitalisation exercise, thereby meeting the new Minimum Capital…

The National Insurance Commission (NAICOM) has called on the Nigerian Insurers Association (NIA) to take the lead in rebuilding public confidence as Nigeria’s insurance sector enters a new reform phase. Speaking in Abuja, the…