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Insurance World

Insurers Urged to Develop Standalone Health Products as NAICOM Targets March 2027 for RBC

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission,( NAICOM), has called on operators to develop health insurance products, separate from Health Maintenance Organisation (HMO) schemes,...

Insurance World

Lasaco Assurance Gets Approval to Offer Agricultural Insurance, Eyes Higher Revenue

BY NKECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has secured regulatory approval to underwrite agricultural risks, expanding its product portfolio and positioning the insurer for higher...

Insurance World

NAICOM, PenCom to Operators: Bigger Capital Means Nothing Without Better Service

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) and the National Pension Commission (PenCom) have charged insurers and pension operators to ensure that recapitalisation...

Insurance World

Post Recapitalisation: What changes when you make a claim?

BY NKECHI NAECHE-ESEZOBOR—If you hold an insurance policy in Nigeria, or have been thinking about buying one, there is one question that comes...

Insurance World

NIA Leadership Visits NAICOM, Pledges Stronger Industry-Regulator Collaboration

The leadership of the Nigerian Insurers Association (NIA), led by its Chairman, Mrs. Ebelechukwu Nwachukwu, has paid a courtesy visit to the National...

Insurance World

NAIPE 11th Annual Conference Moves to 12 Noon as 28 Stakeholders Back Event

About 28 insurance and pension regulators and operators have backed the upcoming 11th edition of the Nigerian Association of Insurance and Pension Editors...

Insurance World

NANS Endorses Insurance Industry Reforms, Condemns moves to Derail Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—The National Association of Nigerian Students (NANS), on Wednesday declared its support for National Insurance Commission, (NAICOM), and the ongoing transformation...

Insurance World

African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading

BY NKECHI NAECHE-ESEZOBOR—The board  of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore...