naicom news

  1. Nigeria Business News

    Business AIICO Insurance seeks approval to raise N3.5 billion – Nairametrics

    In order to meet the new capital base directed by the insurance market regulator, National Insurance Commission (NAICOM), AIICO Insurance Plc, is planning to raise funds.... Read more via Nairametrics – https://ift.tt/2OEYQdw Get more: Nigeria Business News
  2. Nigeria Business News

    Business Cornerstone boosts industry profile with N11.5 billion premium – The Guardian Nigeria News

    Cornerstone Insurance Plc has posted N11.5 billion Gross Premium Written (GPW) in 2018, boosting the sector’s financial performance.The Chairman, Segun Adebanji, who made the disclosure at the.... Read more via The Guardian Nigeria News – https://ift.tt/2ZpAmvd Get more: Nigeria Business News
  3. Nigeria Business News

    Business Total Assets Of Insurance Companies Hit N1.08trn – Leadership Newspaper

    The total assets of 58 Insurance Companies in the country have increased to N1.08 trillion with the figure expected to rise to about N1.2 trillion by the time all underwriting firms release their.... Read more via Leadership Newspaper – https://ift.tt/32WhAe2 Get more: Nigeria Business News
  4. Nigeria Business News

    Business Insurance Stakeholders Back Recapitalisation Exercise – Leadership Newspaper

    Insurance stakeholders, comprising the Chartered Insurance Institute of Nigeria (CIIN), the Nigerian Council of Registered Insurance Brokers (NCRIB) and the Institute of Loss Adjusters of Nigeria (ILAN) have backed the insurance industry regulatory body over the.... Read more via Leadership...
  5. Nigeria Business News

    Business NAICOM raises capital base for Nigerian insurers – CNBC Africa – CNBC Africa

    Nigeria’s National Insurance Commission has given insurers a 13-month ultimatum to recapitalise or lose their licences. Chinedu Ezomike, Partner and Head of Commercial Practice Group at Andersen Tax Nigeria join CNBC Africa to discuss the implication of this development for the … Read more...
  6. Nigeria Business News

    Business Prestige Assurance Plc welcomes new Directors on board – Nairametrics

    Prestige Assurance Plc has appointed Dr. Adedoyin Rasag Salami and Funmi Oyetunji as Non-Executive Directors. The appointments have been approved by the National Insurance Commission (NAICOM)..... Read more via Nairametrics – http://bit.ly/2tcu4gY Get more: Nigeria Business News
  7. Nigeria Business News

    Business FBNInsurance hires executive director – Newtelegraph

    FBNInsurance Limited, a member of the FBNHoldings Company associated with the Sanlam Group of South Africa, has appointed Moruf Apampa as its executive director, business development. A statement by the company noted his appointment had been confirmed by National Insurance Commission (NAICOM)...
  8. Nigeria Business News

    Business NAICOM sacks Moore as Goldlink Insurance M.D – Plus TV Africa

    Goldlink Insurance Plc on Monday announced the sack of its Managing Director, Mrs Funke Moore by the National Insurance Commission (NAICOM) effective from January 18. Mr Tobi Olaleye, Goldlink Insurance Company Secretary/Legal Adviser, stated this in a letter to the Nigerian Stock Exchange...
  9. Nigeria Business News

    Business NAICOM Cancels State Insurance Producer Policy – Leadership Newspaper

    The National Insurance Commission (NAICOM) has canceled its proposed State Insurance Producer (SIP) policy, 11 days to the expected commencement date of the initiative, LEADERSHIP Sunday learned yesterday. In a circular signed by the Director, Policy and Regulation, NAICOM, Mr. Agboola Pius...
  10. Nigeria Business News

    Business NAICOM cancels controversial insurance industry recapitalisation – TODAY.NG

    The controversial recapitalisation exercise in insurance industry, tagged Tier Based Solvency Capital increase, initiated by the insurance industry regulator, the National Insurance Commission (NAICOM), has been cancelled. The commission officially announced the cancellation at the weekend...
  11. M

    Metro NAICOM dissociates itself from trending Ponzi scheme, warns Nigerians – Premium Times Nigeria

    The National Insurance Commission (NAICOM) has dissociated itself from a Ponzi scheme, which was recently ascribed to it and is currently trending on the social media..... Read more via Premium Times Nigeria – https://ift.tt/2Px6RzL Get More Nigeria Metro News
  12. curator

    Business NAICOM denies knowledge of restraining court order – Nairametrics

    National Insurance Commission (NAICOM) said it is yet to be served any court order restraining it from carrying out the ongoing Tier Based Minimum Solvency Capital policy in the industry..... Read more via Nairametrics – https://ift.tt/2PJu5Sy Get more: Nigeria Business News
  13. curator

    Business Linkage Assurance Begins Agric Insurance Underwriting – Leadership Newspaper

    Linkage Assurance Plc, is now ready to commence underwriting agriculture insurance after it secured the approval of the National Insurance Commission (NAICOM). The ‘no objection’ nod would enable Linkage... Read more via Leadership Newspaper – https://ift.tt/2LMwXMb Get more: Nigeria...
  14. curator

    Business 13 insurers qualify to operate in NAICOM’s Tier 1 category – BusinessDay News

    Thirteen insurance companies are qualified to operate in the Tier 1 category as their capital bases exceed the regulatory limits set by the National Insurance Commission of Nigeria (NAICOM). Experts are of the view that the introduction of the new rules will enable firms … Read more via...
  15. curator

    Business NAICOM sets N2bn, N15bn as underwriters’ capital base – Newtelegraph

    Beginning from January 1, 2019, Nigerian underwriters are expected to conduct their businesses based on the strength of their capital base. Disclosing this in Lagos.... Read more via Newtelegraph – https://ift.tt/2JW10Qx Get more: Nigeria Business News
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