Business Journal

Insurance

NAICOM Begins Process to Register HEIRS, Enterprise, Stanbic as Insurers

The National Insurance Commission (NAICOM) says it has received applications from four companies for registration as insurance firms to operate in Nigeria.

The four firms are: HEIRS Insurance Limited, Stanbic IBTC Insurance Limited, HEIRS Life Assurance Limited and Enterprise Life Assurance Company Nigeria Limited.

The statement from NAICOM read in part:

‘PUBLIC NOTICE ON REGISTRATION OF NEW INSURANCE COMPANIES:

The National Insurance Commission (NAICOM) has received applications from the under listed companies for registration as Insurance Companies to transact insurance business in Nigeria.

In fulfillment of the statutory provisions of extant laws for the registration/licensing of insurance Companies, the general public is hereby informed that the Commission has commenced the process of registering the companies. Members of the public are requested to submit/report any objection or otherwise against these registrations to the Commission within 21 days from the date of this publication, please.’

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