national insurance commission (naicom)

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 –...

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...

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...

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 –...

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 –...

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...

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

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

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...

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...

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