Insurance Industry
NAICOM, IFSB Move to Expand Takaful Insurance Coverage in Nigeria
By Benson Daniel The National Insurance Commission, NAICOM, and the Islamic Financial Services Board, IFSB, are working on measures to strengthen Nigeria’s Takaful...
Fortis Global Insurance Strengthens Board With Two New Appointments
By Benson Daniel Fortis Global Insurance Plc has strengthened its board with the appointment of Dr Umar Faruk Umar as an Independent Non...
NICON, Nigeria Re Face Tough Challenge in Dispute with NAICOM
By Benson Daniel NICON Insurance Limited and Nigeria Reinsurance Corporation are facing an uphill battle in their dispute with the National Insurance Commission...
Consolidated Hallmark Clears New Insurance Capital Requirements
By Benson Daniel Consolidated Hallmark Holdings Plc has cleared a major hurdle in Nigeria’s ongoing insurance industry recapitalisation exercise after confirming that its...
Senate replaces 1997 NAICOM Act with stronger insurance regulatory framework
By Benson Daniel The Senate has passed legislation to replace the National Insurance Commission (NAICOM) Act of 1997 with a more robust regulatory...
