The leadership of the Nigerian Insurers Association (NIA), led by its Chairman, Mrs. Ebelechukwu Nwachukwu, has paid a courtesy visit to the National Insurance Commission (NAICOM), pledging stronger collaboration between insurers and the regulator.
The visit centred on advancing the Nigerian Insurance Industry Reform Agenda (NIIRA) 2025 and the Risk-Based Capital (RBC) project, both seen as key to making the insurance market more resilient, competitive and sustainable.
The meeting also afforded both institutions the opportunity to exchange views on strategic initiatives aimed at strengthening market capacity, improving operational efficiency, deepening insurance penetration, and fostering a more robust risk management culture across the industry.
The engagement underscores the importance of sustained partnership between industry operators and the regulator in driving reforms, strengthening policyholder confidence, promoting financial stability, and positioning the Nigerian insurance sector for sustainable growth and increased contribution to national economic development.
