national insurance commission (naicom)
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Business Coronation Research: 34 insurers may exit post-recapitalisation – The Guardian Nigeria News
The fate of about 34 insurance companies currently operating in the country may be hanging in the balance, with about 25 others having a brighter chance of scaling through, going by the report of Coronation Research. The insurance sector, by … Read more via The Guardian Nigeria News –...- Nigeria Business News
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Business AIICO gets new MD – Newtelegraph
AIICO Insurance Plc has appointed Babatunde Fajemirokun as its managing director. A statement from the firm said the Nigeria Stock Exchange (NSE) had already been notified of the appointment. The Company Secretary, Donald Kanu, said the appointment had been approved by the National Insurance...- Nigeria Business News
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Business FG appoints new NAICOM acting commissioner – Nairametrics
Sunday Thomas has officially been appointed the new Acting Commissioner/Chief executive of the National Insurance Commission (NAICOM) by the Federal Government (FG) pending the appointment of a substantive head. Following the expiration of the tenure of the Commissioner of Insurance, Mohammed...- Nigeria Business News
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Business Unable to cope with new capital base, insurance firms consider merger/acquisition – Nairametrics
Some stakeholders in the Nigerian insurance sector have expressed their willingness to consider mergers and acquisitions in light of the new capital base for the sector which was recently introduced by the National Insurance Commission (NAICOM).... Read more via Nairametrics –...- Nigeria Business News
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Business Insurance: N300m rebranding project suffers glitch – Newtelegraph
The initial excitement over the much publicised insurance industry rebranding project has waned. Initiated by the industry operators to boost public awareness with a huge moral and financial support from the regulator, National Insurance Commission (NAICOM)... Read more via Newtelegraph –...- Nigeria Business News
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Business Insurance Companies To Partner MFBs On Bancassurance – Leadership Newspaper
Insurance companies will soon be allowed to partner Microfinance Banks on Bancassurance arrangement in a bid to deepen insurance penetration in the country, LEADERSHIP can now reveal. To this end, insurance industry regulator, which is the National Insurance Commission (NAICOM), is putting all...- Nigeria Business News
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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- curator
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Business AIICO Insurance gets NAICOM approval to insure agric business – TODAY.NG
The National Insurance Commission (NAICOM) has given approval to AIICO Insurance PLC to underwrite agricultural business in the country. The company said it is taking strategic... Read more via TODAY.NG – https://ift.tt/2wt0bef Get more: Nigeria Business News- curator
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Business Tier-Based Recapitalisation: Insurance Agents Seek Deadline Extension – Leadership Newspaper
Following the recent introduction of tier-based recapitalisation for the insurance industry of which the deadline to comply is January 1, 2018, insurance agents are pleading that the National Insurance Commission (NAICOM) should extend the deadline. Speaking on behalf of insurance agents at a...- curator
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Business Anchor Insurance Pays N540m Claims To Policyholders – Leadership Newspaper
Anchor Insurance Company Limited has paid N540.3 million claims to its policyholders who suffered insured risks during its 2017 financial year. The managing director/CEO of the company, Mr. Ebose Augustine, while announcing the approval of the company’s 2017 financial account by the National...- curator
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Business Old Mutual signs bancassurance deal in Nigeria – International Investment
Old Mutual has signed a bancassurance agreement with Ecobank Nigeria to provide insurance products and a service to the bank’s customers. Initially, Old Mutual will market life and... Read more via International Investment – https://ift.tt/2KIGd8F Get more: Nigeria Business News- curator
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