Tag: National Insurance Commission (NAICOM)
Consumer group rejects 200% increase in cost of 3rd party insurance
NAICOM had recently issued a policy directive on the increase of third party motor insurance premium in Nigeria by 200…
“Third Party” vehicle insurance goes for N15,000 from January
The commission also stated that the Third Party Property Damage (TPPD) which is the limit of claims an insured can…
More insurance companies may be liquidated – NAICOM
Recently two insurance companies’ licences have been withdrawn and these are: Niger Insurance and Standard Alliance Insurance.
#EndSARS: NAICOM to ensure prompt settlement by insurers
The National Insurance Commission (NAICOM) says it will take a keen interest in handling claims complaints of adequately insured policyholders…
NAICOM to train 100 certified Actuarial Analysts – CIFM Rector
The College of Insurance and Financial Management (CIFM) says it has started receiving nominations for free sponsorship Actuarial programme of…
NAICOM commences full digitisation of its operations
The National Insurance Commission (NAICOM) has commenced the process of digitising all its operations.
NAICOM lauded for extending recapitalisation deadline
Shareholders and operators in the Insurance Sector on Tuesday lauded the National Insurance Commission (NAICOM) for extending the deadline for…
Life Annuity Insurance Portfolio hits N323 bn – NAICOM
National Insurance Commission (NAICOM) has revealed that the Insurance sector life annuity fund portfolio at the end of the second…
2019: NAICOM warns against rate cutting
The National Insurance Commission (NAICOM) on Saturday, cautioned insurance operators against rate cutting in 2019.
NAICOM tasks insurance companies to spread beyond urban cities
The National Insurance Commission (NAICOM) has urged insurance companies to expand their operations beyond the urban cities.
NAIPCO 2017 conference: AICOM, PenCom, LASG to lead discussions
The National Insurance Commission (NAICOM), National Pension Commission (PenCom) and Lagos State Government are to lead discussions on burning industry…
NAICOM goes tough with insurance companies
The National Insurance Commission (NAICOM) on Friday said it would sack managing directors of insurance companies that refused to settle…
NAICOM denies CEO’s arrest
The National Insurance Commission (NAICOM) on Thursday described as false, a report that its Chief Executive Officer and Commissioner for…