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Insurance World

Insurance Bonds to Play Key Role as NAICOM, BPP Seal Strategic MoU

The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP) have signed a strategic Memorandum of Understanding (MoU) aimed at strengthening...

Insurance World

NAICOM approves Ademoye Shobo as Managing Director/CEO of Lasaco Assurance Plc

Lasaco Assurance Plc has announced the appointment of Ademoye Shobo as its Managing Director, effective February 06, 2026, reinforcing the company’s leadership structure...

Insurance World

Insurance Regulator, PEBEC Push for Faster, Transparent Public Service Processes

The National Insurance Commission (NAICOM) received a delegation from the Presidential Enabling Business Environment Council (PEBEC) Secretariat, led by Mrs. Aimeya Okpebholo, to...

Insurance World

NAICOM, BPP Align on Accountability, Efficiency in Insurance and Procurement

In a bid to strengthen transparency, accountability, and operational efficiency, the Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Olusegun...

Insurance World

Insurance Reform Act 2025 Attracts Foreign Interest as MISR Group Meets NAICOM Leadership

BY NKECHI NAECHE-ESEZOBOR—Representatives of Egypt’s leading insurer, MISR Insurance, have expressed strong interest in Nigeria’s evolving insurance landscape following a high-level meeting with...

Insurance World

NAICOM Pledges Integrity, Transparency in Recapitalisation Drive

The National Insurance Commission,(NAICOM) has reaffirmed its commitment to integrity, transparency and professionalism in the ongoing recapitalisation of Nigeria’s insurance industry, describing the...

Insurance World

Recapitalisation: Universal Insurance Meets MCR Statutory Deposit, Pays ₦1.165bn to CBN

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has reinforced its financial strength and regulatory compliance by successfully meeting a key recapitalisation requirement under the Nigerian...

Insurance World

NAICOM, CRC Credit Bureau, Explore Partnership to Integrate Insurance Data into National Credit Reporting

BY NKECHI NAECHE-ESEZOBOR—The management of CRC Credit Bureau has engaged the National Insurance Commission (NAICOM) in strategic discussions aimed at integrating insurance-sector data...