Tag: NAICOM

The NAICOM boss said the insurance industry had the potential to play a catalytic role in buoying the nation’s economy.

The National Insurance Commission (NAICOM) was established in 1997 by the National Insurance Commission Act of 1997.

Heirs Life, the specialist life insurer recorded a 326 per cent increase in Gross Written Premium (GWP), from N2.7 billion ...

Takaful, which operates in compliance with Sharia principles, is built on equity and fairness to foster prosperity.

The NCDMB says the guidelines will strengthen the board’s local content drive and ensure a greater portion of insurance spend ...

The regulator has appointed receivers for the two insurance firms.

Non-interest finance such as Takaful insurance is a positive force spreading across the globe, empowering people, communities and building cities.

The guidelines would address loopholes that had been identified while implementing the provisions of the Nigerian Oil and Gas Industry ...

Noor Takaful Insurance Ltd was established and duly licensed by NAICOM in April 2016 as the first full-fledge composite takaful ...

A total of 621 participants including individuals, private and public organizations, banks and higher institutions of learning, would receive this ...

The Product is expected to protect farmers from bad weather risks and losses.

The official says the growth during the last three years for RLA business averaged 34.28 per cent and 35.12 per ...

NAICOM had on May 20, announced an increase in the minimum capital for insurance companies in Nigeria.

Rate cutting is a process whereby a lower premium is accepted from an insurance policyholder than the amount stipulated by ...

NAICOM stated that the withdrawal and cancellation takes immediate effect.

The association says its main grouse was the decision “to stagnate the career progression of staff of the commission."

The scheme promises to double donations in less than 25 minutes.

Universal Insurance emerged the worst performing stock for the month.

The workers were seen dancing to loud music from a hired public address system, amid chants of solidarity songs and ...

Some of the firms alleged unfair treatment in the suspension.

The two agencies disputed a directive to life insurance companies.

Takaful Advisory Council was established to advise and guide the Commission on all Shariah matters regarding the Takaful undertakings.

Delta State Governor launches micro-insurance scheme in Asaba The Governor of Delta State, Emmanuel Uduaghan, on Wednesday said terrorism in ...

It appears a new kind of fraud in Nigeria. A contract was duly awarded by government to some private firms. ...