The National Insurance Commission (NAICOM) has declared that transparency and integrity in the ongoing Minimum Capital Requirement (MCR) verification exercise are “non-negotiable.” Commissioner for ...
The Nigerian Insurance Industry Reform Act (NIIRA) 2025 is a landmark law meant to reposition the insurance industry for growth, integrity, and global competitiveness. The snag, however, is that the ...
The National Insurance Commission has flagged weak financial disclosures, solvency gaps and deficiencies in recapitalisation planning by some insurance companies, warning that the ongoing ...
According to her, NAICOM also recommended self-regulation to underwriters, regarding RBS. Ebelechukwu Nwachukwu, Chairman of, Sub-Committee on Publicity of the Insurers Committee, said this while ...