NAICOM insists insurance recapitalisation was transparent
Swat Bako, Abuja. The National Insurance Commission (NAICOM) has defended the integrity of the recently concluded insurance recapitalisation exercise, dismissing allegations of fraud and the purported detention of its Commissioner…
NAICOM grants fresh licences to capital-compliant Insurance firms
The National Insurance Commission (NAICOM) has granted fresh operating licences to additional insurance companies that have successfully met the minimum capital requirements under the Nigerian Insurance Industry Reform Agenda (NIIRA…
Insurers push innovation to expand coverage in Africa
Barbara Bako, Abuja. Insurance regulators and industry stakeholders have identified regulatory innovation and digital technology as critical tools for increasing insurance penetration and expanding financial protection across Africa. The position…
NAICOM promotes Policyholders’ protection fund in Abia
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) has intensified efforts to strengthen consumer confidence in Nigeria’s insurance industry with the rollout of the Insurance Policyholders’ Protection Fund (IPPF), a…
NAICOM, ECOWAS Brown Card Council deepen ties
NAICOM, ECOWAS Brown Card Council deepen ties Barbara Bako, Abuja The National Insurance Commission (NAICOM) has hosted a high-level delegation from the Council of Bureaux of the ECOWAS Brown Card…
NAICOM, BPP partner on Insurance compliance in procurement
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP) have signed a Memorandum of Understanding (MoU) aimed at strengthening insurance compliance in Nigeria’s public…
MISR Insurance eyes Nigeria’s post-reform market
Barbara Bako, Abuja. A delegation from Egypt’s MISR Insurance Group has expressed interest in exploring opportunities in Nigeria’s insurance sector following the enactment of the Nigerian Insurance Industry Reform Act…
NAICOM reaffirms support for takaful insurance growth
Barbara Bako, Abuja The National Insurance Commission (NAICOM) has restated its commitment to the development of Takaful insurance in Nigeria, as it hosted members of the Takaful Advisory Council (TAC).……
NAICOM, Interior Ministry partner to curb repatriation costs
Barbara Bako, Abuja. The National Insurance Commission (NAICOM) and the Ministry of Interior have agreed to strengthen collaboration aimed at promoting insurance penetration, cutting repatriation expenses, and improving data synchronization…
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…














