Kano State Government has unveiled plans to use the growing insurance culture to attract foreign investments into the state The State Governor, Dr. Abudullahi Ganduje, who was represented at a Three-Day retreat for members of the Technical Committee on implementation of Third Party Liability and other Insurances in Kano State by the Secretary to the […]
Tag: Commissioner for Insurance – Mr. Sunday Thomas
Public Assets Largely Under-Insured – NAICOM
The National Insurance Commission (NAICOM) on Tuesday disclosed that substantial part of public assets in the country remained under-insured in terms of their real value. The Commissioner for Insurance, Mr. Sunday Thomas, gave this hint at a Sensitisation Workshop organized for insurance desk officers of Ministries, Departments, and Agencies (MDAs) on the insurance of Federal […]
NAICOM Inaugurates Sub Working Groups On IFRS 17 Adoption
The National Insurance Commission (NAICOM) has inaugurated the Sub Working Group (SWGs) of the Insurance Industry Financial Reporting Working Group (IIFRWG) for the purposes of adopting the International Financial Reporting Standard (IFRS) 17 by insurers in the country. The commission’s CEO and Commissioner for Insurance, Mr. Sunday Thomas, while inaugurating the groups on Monday in […]
NAICOM Boss Tasks Insurers, Bankers On Insurance Penetration
The Commissioner for Insurance at the National Insurance Commission (NAICOM), Mr. Sunday Thomas, on Thursday solicited the cooperation of insurance entities and banks in the current drive to deepen insurance penetration in the country. The industry regulator, who canvassed the collaboration of the stakeholders in the financial system in the efforts to deepen and improve […]
NAICOM To Introduce Micro Takaful Insurance In Kano
The National Insurance Commission (NAICOM) on Wednesday hinted that plans were ongoing to introduce micro takaful insurance in Kano State as a means of providing an accepted and accessible insurance system for the largely Muslim populace in the state. The industry regulator’s Head of the Microinsurance Unit, Hajia Aisha Bashir, made the disclosure at a […]