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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

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

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...

Insurance World

Insurers Back NAICOM’s Recapitalisation Framework, Celebrate Milestone Success

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) on Wednesday reaffirmed its strong support for the National Insurance Commission (NAICOM) following the successful completion...

Insurance World

AIICO Insurance Gains NAICOM Compliance Clearance, Hits ₦661bn Total Assets

AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements...

Insurance World

Heirs General Insurance, Heirs Life Meet NAICOM Capital Requirements, Set Plans For Post Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—Heirs General Insurance and Heirs Life Assurance have  met the National Insurance Commission’s (NAICOM) recapitalisation requirements. This development follows the conclusion...

Insurance World

NAICOM Begins Issuance of New License Certificates to Recapitalised Firms

BY NKECHI NAECHE-ESEZOBOR—National Insurance Commission (NAICOM), on Tuesday presented new Licence Certificates to insurance companies that successfully met the Commission’s new minimum capital...

Insurance World

NIIRA 2025: Lasaco Assurance meets NAICOM Recapitalisation Requirement

Lasaco Assurance Plc has successfully met the National Insurance Commission (NAICOM) capital requirements ahead of the July 31 deadline for the Minimum Capital...