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    Insurance

    Analysts advise NAICOM to Draw Roadmap for Insurance Penetration Rather than Statutory Recapitalisation

    By Ebere Nwoji The National Insurance Commission (NAICOM) has been advised to draw a roadmap for deep penetration of insurance across Nigeria and to embrace...

    Despite 5.5% Economic Growth, Financial, insurance contract by 2.48% in Q2

    Despite real output growth rate of 5.01% to N16.69 trillion (or USD111.08 billion) as it recovered faster from last year’s recession. The Financial...

    Nigerian insurers settled N5.4bn #EndSARS claims – NIA

    Nigeria Insurers Association has said that the insurance firms have paid over N5.4bn in claims settlement arising from #EndSARS losses. The Director-General, Yetunde Ilori, said...

    Insurance for farmers is imperative due to climate change – NAIC

    By Stanley Nwanosike Enugu, June 23, 2021 The Nigeria Agricultural Insurance Corporation (NAIC) says insurance for farmers is imperative due to the negative impact...

    NAICOM wants increase in insurance publicity budget

    By Ginika Okoye/Rukayat Adeyemi Lagos, June 5, 2021 The National Insurance Commission (NAICOM) has urged insurance operators to increase their budgets on insurance...

    Poor governance structure bane of insurance coy- NAICOM

    By Ginika Okoye/Rukayat Adeyemi Lagos, June 5, 2021 The National Insurance Commission (NAICOM) says poor governance structure was a major factor for the failure of...

    NAICOM to unveil strategic plans to transform Insurance industry –official Reforms By Rukayat Adeyemi /Ginika Okoye Lagos, June 3, 2021 (NAN) The National Insurance...

    NAICOM to unveil strategic plans to transform Insurance industry –official Reforms By Rukayat Adeyemi /Ginika Okoye Lagos, June 3, 2021 (NAN) The National Insurance Commission (NAICOM), on...

    Transportation ministry partners NAICOM on road insurance for transport owners

    By Ginika Okoye Abuja, May 20, 2021 The National Insurance Commission (NAICOM) and the Federal Ministry of Transportation is to collaborate to ensure adequate insurance...

    NAICOM inaugurates working groups for IFRS 17 adoption

    by Rukayat Adeyemi Lagos, May 17, 2021  The National Insurance Commission (NAICOM) has inaugurated the Sub Working Groups (SWGs) of the Insurance Industry Financial Reporting...

    #EndSARS: Insurance companies pay N4bn claims – NIA

    Lagos, May 6, 2021 The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as claims arising from over 2,000 businesses affected by...

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