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NAICOM
NIIRA 2025: NAICOM Issues Licences to Additional Insurance Companies
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), on Thursday issued new licences to additional insurance companies that have been confirmed and verified as...
Recapitalisation: Sunday Thomas Backs NAICOM Over Regulatory Guidelines
Former Commissioner for Insurance, Olorundare Sunday Thomas, has thrown his weight behind the National Insurance Commission (NAICOM), dismissing concerns over regulatory guidelines and...
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...
Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval
BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday...
NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference
BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...
Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission...
Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National...
NAICOM Recapitalisation: Mohamed Kari Urges Finance Minister to Resist Political Lobbying by Failing Insurers
BY NKECHI NAECHE-ESEZOBOR—Former Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Alh. Mohamed Kari, on Wednesday called on the...
