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Insurance

NAICOM, Police Begin Crackdown Against Sale of Fake Insurance Policies

The National Insurance Commission (NAICOM) has launched a crackdown on individuals selling fake motor third-party insurance policies in collaboration with the Nigeria Police Force. Led...

NAICOM, SEC Initiates Partnership to Drive Insurance Sector Reforms

The Commissioner for Insurance, Mr. Olusegun Ayo Omosehin paid a courtesy visit to the Director-General of the Securities and Exchange Commission (SEC), Mr. Emomotimi...
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Recapitalisation: NAICOM Adopts Risk-Based Capital Model, 12-Month Deadline

IMPLEMENTATION OF THE NEW MINIMUM CAPITAL REQUIREMENT (MCR) PRESCRIBED BY THE NIGERIAN INSURANCE INDUSTRY REFORM ACT (NIIRA) 2025 Following...

NCRIB Joins Insurance Meets Tech 2025 as Institutional Partner to Drive Broker-Led Participation

Insurance Meets Tech (IMT), West Africa's leading platform for converging insurance and technology innovations, colloquium and discourse on policy...

NAICOM Inaugurates 2025 Recapitalisation Committee to Achieve $1tn Economy Target

The National Insurance Commission (NAICOM) has constituted a 2025 Recapitalisation Committee, following President Bola Ahmed Tinubu's assent to the...

Former CFI of NAICOM, Sunday Thomas, to Chair NAIPE 2025 Conference

The Nigerian Association of Insurance and Pension Editors (NAIPE) has named the MD/CEO of Arthur Stevens Asset Management Limited,...

Heirs Insurance Floats ₦5m Grant to Empower Retirees, Pre-Retirees

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has launched the Heirs Insurance Retirement Dream Competition, to empower retirees and...

Sovereign Trust Insurance Reports 45% Revenue Rise in Q2 2025

Sovereign Trust Insurance Plc has shown a consistent rise in its revenue generation going by the unaudited second quarter...