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NAICOM gives insurers December 31 deadline to clear outstanding claims

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The National Insurance Commission (NAICOM) has given insurance companies a December 31, 2024, deadline to clear all outstanding claims. The Head of Communication and Stakeholders...

Reps summon Insurance companies CEOs over unremitted N267bn workers’ fund

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The House of Representatives ad hoc committee investigating non-remittance to the National Housing Fund (NHF) and utilisation of the funds from 2011 has summoned...

Court overrules NAICOM on new capital base for insurance firms

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The Federal High Court in Lagos has told the National Insurance Commission (NAICOM) to halt the increment in the statutory minimum solvency capital policy...
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