NAICOM
Insurers eye high-revenue investments with recapitalisation funds
Insurance companies are exploring high-yield investment windows to utilize the money raised through the suspended insurance recapitalisation, The Guardian has learnt. The post Insurers eye high-revenue investments with recapitalisation funds
NAICOM chief tasks insurers, banks on collaboration, deeper penetration
NAICOM office Mr Sunday Thomas, Commissioner for Insurance, National Insurance Commission (NAICOM), says the insurance and banking sectors can deepen their penetration in Nigeria by looking beyond the traditional distribution
NAICOM, FCT partner on compulsory insurance
The National Insurance Commission (NAICOM) has partnered with the Federal Capital Territory (FCT) to seek support on enforcement of compulsory insurance. The post NAICOM, FCT partner on compulsory insurance appeared
Underwriter declares N772 million profit before tax
Despite worries about economic challenges in the country, Consolidated Hallmark Insurance (CHI) Plc has recorded profit-before-tax (PBT) of N772 million in its financial year ended December 31, 2020. The post
NAICOM tasks MDAs on insurance patronage
The National Insurance Commission (NAICOM) has implored Federal Government’s ministries, departments and agencies (MDAs) to assist the industry to drive enforcement of compulsory insurances schemes in the country. The post
NAICOM targets June for new guidelines implementation
The National Insurance Commission (NAICOM) has fixed June 1, 2021, for the implementation of the industry’s corporate governance guidelines that will take the sector to a greater height. The post
Report Foresees Stronger Nigeria Insurance Sector after Recapitalisation
A new report has revealed that the ongoing recapitalisation of the Nigerian insurance industry will improve their capacity to underwrite risks, generate adequate returns on investments and make better contributions
New firm debuts, pledges to rewrite insurance perception
In a bid to deepen insurance penetration, especially life insurance policy in the Nigerian market, a subsidiary of Enterprise Group Plc, Enterprise Life Assurance, has commenced operation in Nigeria. The
Experts charge insurers on N59trn real estate opportunity
Experts in the nation’s insurance industry have called on underwriting firms to tap into opportunities in the real estate sector, which valuers estimate at about N59 trillion to contribute to
