The National Insurance Commission as part of its strategic objective to drive innovation of products and services, ensure operators are professional in the conduct of their businesses in line with best practices, recently issued the following guidelines:
- Insurance Regulatory Sandbox Operational Guidelines
- Market Conduct Guidelines for Takaful and Retakaful Insurance Operators
- Enterprise Risk Management Framework for Takaful and Retakaful Operators in Nigeria.
The Commission expects all Operators to ensure compliance with the new guidelines to the benefit of all stakeholders. Attached are the various guidelines for your necessary action.
Head, Corporate Communication and Market Development
For: Commissioner for Insurance