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Insurance World

NAICOM Confirms Veritas Kapital’s Full Compliance with NIIRA 2025 Capital Requirements

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has confirmed Veritas Kapital Assurance Plc full compliance with the minimum capital thresholds mandated under the...

Insurance World

Rex Insurance Meets NAICOM Minimum Capital Requirement Under NIIRA 2025

BY NKECHI NAECHE-ESEZOBOR—Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) prescribed by the National Insurance Commission (NAICOM) under the...

Insurance World

Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement

Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...

Insurance World

Odiachi Takes Helm at PILA as NAICOM Backs Women’s Empowerment Drive

BY NKECHI NAECHE-ESEZOBOR—The Professional Insurance Ladies Association (PILA) has ushered in a new era of leadership with the investiture of Dr. Joyce Odiachi...

Insurance World

NAICOM Backs Digital Innovation, Issues Partnering Insurtech Licence to NETAPPS

BY NKECHI NAECHE/ESEZOBOR-The National Insurance Commission (NAICOM) has granted a Partnering Insurtech licence to NETAPPS, reaffirming its commitment to leveraging digital innovation to...

Insurance World

NAICOM Ends 18-Month Intervention, Hands African Alliance Insurance Back to New Board

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has formally handed over operational control of African Alliance Insurance Plc to a newly constituted, shareholder-nominated...

Insurance World

NAICOM to Prosecute Fake Insurance Operators, Set to Launch Nigerian Mortality Table by June

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has declared total war on fake insurance operators, announcing its readiness to prosecute all suspects arrested...

Insurance World

NAICOM Chief, Omosehin, Visits Family of Late Barrister Rotimi Edu

‎From left: Mr. Ola Gam-Ikon, Deputy Commissioner, Finance and Administration, NAICOM; Mr. Olusegun Ayo Omosehin, Commissioner for Insurance, NAICOM; Mrs. Edu, The Widow;...