The National Insurance Commission (NAICOM) has advised insurance customers not to do risk underwriting business with unlicensed operators in the insurance industry as well as allot proportion of risk to local underwriters without taking due cognisance of the insurers’ capacity. The commissioner for Insurance, Mohammed Kari, who gave the advice during a chat with media […]
The National Insurance Commission (NAICOM) today confirmed that it had taken over the management of Unic Insurance Plc to reposition the company on the track of sustainable growth. The commission’s spokesman, Rasaaq Salami, confirmed this in Lagos, stating that the takeover was necessitated by the need to avoid the risk undertaking company from going into […]
The National Insurance Commission (NAICOM) has unveiled plans to intensify its monitoring of insurance consumers and insurers foreign underwriting deals with a view to ensuring that risks that can be covered locally are not transferred to foreign underwriters.
The National Insurance Commission (NAICOM) has restated its commitment to promote micro insurance and by so doing, deepen insurance penetration in the country.