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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...

Tinubu appoints NAICOM Board chairperson, commissioners

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President Bola Tinubu has approved the appointment of Halima Kyari as the Chairperson of the Board of the National Insurance Commission (NAICOM). Tinubu also appointed...

Prudential Zenith Life Insurance records N1.13bn profit

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Prudential Zenith Life Insurance Limited has recorded a 75% growth in profit after tax (PAT) of N1.13 billion in its audited financial results for...

NAICOM to liquidate more insurance companies

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The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of its moves to reposition the...

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...

NAICOM cancels operational licence of Standard Alliance, Niger Insurance

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The National Insurance Commission (NAICOM) has cancelled the certificates of registration of Standard Alliance Insurance Plc and Niger Insurance Plc. The cancellation of the certificates...
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