NAICOM inaugurates groups to drive insurance reforms

Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has inaugurated three core working groups to spearhead the implementation of the National Insurance Industry Reform Agenda (NIIRA) 2025 a strategic blueprint…

Omosehin to WAICA: Insurers must lead on climate response

Barbara Bako, Abuja. The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, has called on West African insurers to move beyond traditional business models and take the lead in driving the…

NAICOM, FinTech group partner on digital Insurance

Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has announced a partnership with the FinTech Association of Nigeria to accelerate the adoption of technology in the nation’s insurance industry. Commissioner…

NAICOM, NESG partner to boost Insurance sector reforms

Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the Nigerian Economic Summit Group (NESG) have agreed to strengthen collaboration in advancing insurance sector reforms and boosting economic growth. The…

Coinsurance ban puts spotlight on Nigeria’s Takaful industry

By Barbara Bako, Abuja. A new regulatory guideline banning coinsurance arrangements between conventional insurance and Takaful companies represents a significant shift for the industry. This change will test the resilience…

NAICOM launches redesigned website to boost transparency

Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has launched a redesigned website to improve public access to information and strengthen transparency in Nigeria’s insurance industry. Unveiled on Wednesday in…

Insure or risk all— NAICOM boss warns

Barbara Bako, Abuja The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, has urged Nigerians to embrace insurance as a national…

NAICOM, OHCSF deepen civil service life Insurance awareness

Barbara Bako, Abuja. The National Insurance Commission (NAICOM), in collaboration with the Office of the Head of the Civil Service of the Federation (OHCSF), has conducted a capacity-building workshop in…

NAICOM leads Nigeria-Ghana talks on Insurance, Marine operators

Barbara Bako Abuja. The National Insurance Commission (NAICOM) championed an engagement between stakeholders in the Nigerian insurance and marine industries with the Ghana Cargo Technical Committee on a study tour…