The National Insurance Commission (NAICOM) has increased the premium rates for vehicle insurance in the country. In a circular dated December 22, 2022 and addressed to insurance companies, the commission
Tag "National Insurance Commission (NAICOM)"
The National Insurance Commission (NAICOM) has revoked the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc. NAICOM, the insurance regulator, announced this in a statement on
The Asset Management Corporation of Nigeria (AMCON) says it has taken over the major interests in NICON Insurance Limited and the Nigeria Reinsurance Corporation (Nigeria Re). The two assets were
The National Insurance Commission (NAICOM) says it has cancelled the operational licence issued to UNIC Insurance Plc. In a statement on Wednesday, NAICOM said the company’s licence has been withdrawn
The National Insurance Commission (NAICOM) says insurance companies cannot take loans to meet the newly introduced capitalisation requirement. Speaking on
The National Insurance Commission (NAICOM) has raised the minimum capital requirement for insurance firms operating in the country by 200%.
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