Wednesday, March 4, 2026
NAICOM, FRSC team up to drive third-party motor insurance enforcement
Joy Agwunobi The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on...
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Insurers eye untapped health market as $2bn in premiums flow abroad
Joy Agwunobi Nigerian insurance stakeholders have raised concerns over the massive outflow of capital from the country as multinational corporations...
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10 tech solutions redefining health insurance in 2025
Joy Agwunobi For decades, the health insurance industry has been characterised by slow, manual processes, often dependent on fax machines,...
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NAICOM bans coinsurance between takaful,conventional insurers from 2026
Joy Agwunobi The National Insurance Commission (NAICOM) has announced a ban on coinsurance arrangements between Takaful operators and conventional insurance...
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NAICOM sets July 2026 deadline for insurers to meet new capital thresholds
Joy Agwunobi The National Insurance Commission (NAICOM) has directed all insurance and reinsurance companies in Nigeria to meet new capital...
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NAICOM inaugurates 11-member committee to drive insurance recapitalisation
Joy Agwunobi The National Insurance Commission (NAICOM) has formally inaugurated an 11-member Recapitalisation Committee to spearhead the implementation of Nigeria’s...
Read moreDetailsNAICOM hails reform Act as a defining turning point for Nigeria’s insurance sector
Joy Agwunobi The National Insurance Commission (NAICOM) has described the newly enacted Reform Act 2025 as a landmark achievement capable...
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Tinubu’s insurance reform sets $1trn economy goal
Joy Agwunobi President Bola Ahmed Tinubu has signed into law the Nigerian Insurance Industry Reform Act (NIIRA) 2025, marking a...
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Leadway Assurance, Ecobank to expand access to tailored insurance solutions
Joy Agwunobi Leadway Assurance, one of Nigeria’s foremost insurance providers, has entered into a strategic bancassurance partnership with Ecobank Nigeria...
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Heirs Insurance launches creators fellowship to simplify insurance education for young Nigerians
Joy Agwunobi As insurance penetration in Nigeria continues to lag behind global and regional averages, Heirs Insurance Group has taken...
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