What to Expect from NAICOM’s New Capital Requirements for Insurance Industry
Dipo Olowookere By Ada Ufomadu The National Insurance Commission (NAICOM) recently increased the minimum paid up share capital requirements for…
NAICOM
Insurance Sector Recapitalisation Will Proceed as Planned—NAICOM
By Dipo Olowookere Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM) has said the proposed…
Court Stops NAICOM’s Reclassification Policy
Modupe Gbadeyanka By Modupe Gbadeyanka The National Insurance Commission (NAICOM), the regulatory agency of the insurance sector in Nigeria, has…
NAICOM Takes Over UNIC Insurance, Plans Forensic Audit
By Dipo Olowookere The regulatory agency for insurance business in Nigeria, the National Insurance Commission (NAICOM), has taken…
5 Insurance Firms in Trouble over Huge Management Expenses, Shareholders React
By Modupe Gbadeyanka The inability to curtail their management expenses which surpasses their premium income may lead at…
Don’t Send Reps to Insurers’ Committee Meetings—NAICOM Warns CEOs
By Modupe Gbadeyanka The National Insurance Commission (NAICOM) has frowned at Chief Executive Officers of insurance companies operating…
NAICOM Queries 2 Insurance Firms
By Modupe Gbadeyanka Two insurance companies operating in Nigeria have been queried by the National Insurance Commission (NAICOM).…