THE National Insurance Commission (NAICOM) says it is determined to flush out illegal and fake insurance operators defrauding, deceiving and misleading the public for their selfish interests. NAICOM said this in a notice on Tuesday in Abuja while reacting to a statement by the National Cooperative Insurance Society of Nigeria …
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THE National Insurance Commission (NAICOM) on Wednesday wielded the big stick, sacking the board and management of the ailing African Alliance Insurance Plc, one of Nigeria’s oldest life assurance companies. The regulator, having taken over the insolvent firm over failure to meet obligations to annuitants and policyholders, has also appointed …
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The Federal Government and the National Insurance Commission (NAICOM) have opened discussions to establish new guidelines for the insurance of government assets. The new strategy is being nurtured by the Secretary to Government of the Federation, Senator George Akume, who has already opened talks with the Commissioner for Insurance (CFI), …
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The regulator of the insurance industry, the National Insurance Commission (NAICOM) has cancelled the Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance Plc. It disclosed this in a statement by the Head, Corporate Communications and Market Development, ‘Rasaaq ‘Salami, for the Commissioner for Insurance, NAICOM, titled ‘Notice of …
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