National Insurance Commission (NAICOM)

The Federal Government has directed the National Insurance Commission (NAICOM) to evolve strategies that would deepen insurance penetration in the country by making operators develop new insurance products and policies. The directive was…

As part of measures to cushion effects of COVID-19 disruption to the economy, the National Insurance Commission (NAICOM) has extended time for submission of first-quarter returns to insurance operators by one month. The measures were…

Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL) says it has facilitated over N102 billion as loans from commercial banks to businesses across the various agricultural value chains in its three years of…

The Minister of Finance, Hajia Zainab  Ahmed has lamented the very low penetration and insurance density in African countries, which she said is very worrisome She said the average per capita spending on insurance (density) in emerging…

The National Insurance Commission (NAICOM) has given its approval for 26 insurance companies to proceed with their recapitalisation plan. This is contained in a circular issued by the body on Tuesday and signed by Mr Rasaaq Salami, its…

THE National Insurance Commission (NAICOM) has released guidelines for the operations, business conduct and obligations of  State Insurance Producer (SIP), a new insurance agency it has newly developed. The Chief Executive Officer of…

Hope for the resolution of disagreements between National Insurance Commission (NAICOM) and the Central Bank of Nigeria (CBN), over disagreement on the terms and conditions for the operation of bancassurance for the banking and insurance in…