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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...

Insurance World

Lasaco Assurance Unveils Six New Innovative Products

BY NKECHI NAECHE-ESEZOBOR—In a significant move to expand financial protection and enhance customer-centric innovation, Lasaco Assurance Plc has received regulatory approval for six...

News

NAICOM Approves Appointment of Katchy, Banigo as Linkage Assurance Directors

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), has approved the appointment of Mr. Anthony Kanayo Katchy and Mr.Suaye Inikio Banigo as Non-Executive Directors...

News

NAICOM, FRSC Launch Joint Drive to Enforce Third-Party Motor Insurance Compliance

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on the Enforcement of...

Insurance World

NAICOM, NCRIB Pledge Stronger Collaboration to Deepen Insurance Awareness

L- R Prince Babatunde Aguntade, NCRIB President – Mrs. Ekeoma Ezeibe, NCRIB Vice President – Mr. Olusegun Ayo Omosehin, Commissioner for Insurance/ CEO,...