Insurance & Pension Latest News

NAICOM Mulls New Classification For Insurance Firms

The National Insurance Commission has indicated its intention to introduce a new classification policy for the insurance industry as part of its sustained efforts to grow it and improve its contributions to the nation’s Gross Domestic Product (GDP). The Commissioner for Insurance, Mr Muhammad Kari, gave this hint on Wednesday at an executive breakfast meeting […]

Insurance & Pension Latest News

NAICOM Plans New Regulatory Guidelines For Insurance Industry

The National Insurance Commission, NAICOM, has unveiled plans to issue new guidelines to improve the operational standards in the nation’s insurance industry and by implication, properly reposition it for improved contributions to the Gross Domestic Product (GDP). The Commissioner for insurance, Mohammed Kari, made this disclosure while addressing insurance brokers executive officers, during their retreat […]