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thisdaylive.com /1 month ago

NAICOM Revokes Nigeria Reinsurance’s Licence, Freezes Operations Over Capital Shortfall

Wale Igbintade The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation for failing to meet the statutory Minimum Capital Req...

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dailypost.ng /1 month ago

NAICOM revokes Jimoh Ibrahim’s Nigeria Reinsurance Corporation licence

The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation, owned by billionaire businessman and politician, Senator Jimoh Ibra...

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thenews-chronicle.com /1 month ago

Senate Renames NAICOM, Unveils New Insurance Regulatory Commission

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Th...

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premiumtimesng.com /1 month ago

NAICOM completes recapitalisation exercise for 43 insurance companies

NAICOM said the exercise forms part of the Tinubu administration's financial sector transformation agenda aimed at achieving a $1 trillion economy by 2030. The post NAICOM complete...

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thisdaylive.com /1 month ago

Listed Insurance Companies Move to Boost Capital Base, Eight Seek N78.66bn in Recapitalisation Drive

Kayode Tokede Listed insurance companies have stepped up efforts to strengthen their capital base ahead of the implementation of the Nigerian Insurance Industry Reform Act (NIIRA)...

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thisdaylive.com /1 month ago

Forty Three Insurance Firms Scale NAICOM’s Recapitalisation Hurdle

*Eight others undergoing final verification as regulator concludes review within 14 days *Commission declares new capital regime will drive $1tn economy, usher stronger insurers to...

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thenews-chronicle.com /1 month ago

FULL LIST: NAICOM Clears 43 Insurers as Recapitalisation Deadline Ends

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Th...

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thisdaylive.com /1 month ago

Recapitalisation: 11 Days to Deadline, No Merger Plans Among Insurance Firms as Operators Struggle to Make it Via Capita...

Ebere Nwoji Just 11 days to the insurance sector’s recapitalisation deadline slated for July 31 by National Insurance Commission (NAICOM), none of the existing 60 insurance and rei...

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jobwebtanzania.com /4 weeks ago

Records Management Assistant II at National Insurance Corporation

Advertisement for volunteer vacancies at National Insurance Corporation 1.0 Background National Insurance Corporation (NIC) is the leading Insurance Company in Tanzania established...

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thisdaylive.com /3 weeks ago

Recapitalisation: NAICOM Breaks Age-old Jinx

Ebere Nwoji posits that the successful conclusion of the recapitalisation exercise in the insurance sector, after years of failed attempts, is a plus for the National Insurance Com...

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insurancebusinessmag.com /1 week ago

Northern Re crosses $1 billion in premium after growing capital

The reinsurer's committed capital has grown from $25 million to $325 million since its 2023 launch

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insurancebusinessmag.com /1 week ago

Northern Re crosses $1 billion in premium after growing capital

The reinsurer's committed capital has grown from $25 million to $325 million since its 2023 launch

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thisdaylive.com /3 weeks ago

Sovereign Trust: Recapitalisation Reinforces Our Financial Strength, Commitment to Growth

Ebere Nwoji Sovereign Trust Insurance Plc, has said that it has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National I...

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thisdaylive.com /5 days ago

NAICOM Unveils Initiative to Raise Insurance Penetration to 10% of GDP by 2031

• Insurers target 25 million Nigerians, 6,000 professionals, 250,000 MSMEs in 5-year ISSP blueprint • Omosehin demands stronger underwriting, governance, claims settlement •Leadw...

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thisdaylive.com /2 weeks ago

Heirs Insurance Announces N115bn Premium, Pays N19.4bn Claims

Ebere Nwoji Heirs Insurance Group (HIG), has announced a gross written premium of N115 billion. The group announced this in its audited financial results for the year ended Decembe...

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punchng.com /3 weeks ago

Universal Insurance’s N7.1bn rescue deal collides with licence revocation

Universal Insurance’s operating licence has been revoked by NAICOM due to capital shortfalls, jeopardising a N7.1bn rescue deal. Learn more about the Unive Read More: https://punc...

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thisdaylive.com /3 weeks ago

emPLE Meets Recapitalisation Requirement, Wins Customer Confidence

Ebere Nwoji emPLE Nigeria, said it has strengthened its capital position thus occupying a space in the list of approved companies on the official website of the National Insurance...

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tori.ng /1 month ago

Senate Passes Bill Renaming NAICOM to Insurance Regulatory Commission

The Senate has approved a major bill that changes the identity of Nigeria's insurance regulator, marking a significant shift for the industry.

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vanguardngr.com /1 month ago

NAICOM warns insurers ahead of July 31 recapitalisation deadline

By Rosemary Iwunze The National Insurance Commission (NAICOM) has warned insurance operators that the July 31 recapitalisation deadline is mandatory, urging companies yet to meet t...

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allafrica.com /2 weeks ago

Nigeria: Ccxi Reaffirms Afreximbank's Aaa/Stable Rating for Second Consecutive Year

[Vanguard] China Chengxin International Credit Rating Co., Ltd. (CCXI) has affirmed African Export-Import Bank's (Afreximbank) AAA issuer credit rating with a Stable outlook for th...

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jobwebtanzania.com /4 weeks ago

Insurance Officer II at National Insurance Corporation

Advertisement for volunteer vacancies at National Insurance Corporation 1.0 Background National Insurance Corporation (NIC) is the leading Insurance Company in Tanzania established...

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vanguardngr.com /1 month ago

NAICOM commends Senate on passage of Regulatory Commission bill

By Rosemary Iwunze The National Insurance Commission, NAICOM, has commended the Senate for the successful passage of the National Insurance Regulatory Commission Bill. In a stateme...

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pmnewsnigeria.com /1 month ago

No going back on July 31 recapitalisation deadline, NAICOM warns insurers

Omosehin assured stakeholders that the commission would ensure a transparent, fair and firm verification process, stressing that every operator must demonstrate financial soundness...

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thisdaylive.com /3 weeks ago

Noor Takaful, Noor Health Distribute N427.96m Surplus to Customers

Ebere Nwoji Noor Takaful Insurance Limited, has announced that it distributed a total of N427. 96 million as surplus to participants and enrollees who did not make claims on their

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