Tag: NAICOM
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NAICOM Has Set A June Deadline For Implementing IFRS 17
While briefing journalists on the results of the 14th Insurers Committee Meeting held in Lagos, members of the Publicity and Communications Sub-Committee disclosed this.
The...
Operators and NAICOM collaborate to stop the distribution of phony insurance plans
Operators have previously collaborated with the Federal Roads Safety Corps (FRSC) to collect N45 billion that was misappropriated nationwide by phony insurance agents, particularly...
Policyholders Claimed N318.2 Billion In Q4 2022 – NAICOM
According to the National Insurance Commission (NAICOM), as of the fourth quarter of 2022, insurance policyholders had filed N318.2 billion in claims under their...
Insurance Premium Hits N532.7 Billion In 9 Months
Despite worries about the poor economic position OF the nation, participants in the insurance industry reported premium income of N532.7 billion in the first...
Stakeholders relate insurance adoption to enforcement
Nigeria's insurance penetration is estimated to be less than 1%, and experts have said that a lack of enforcement is to blame for the...
