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insurance and pension news
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News
Recapitalisation: I prayed in church that no insurance company licence should be cancelled – Omosehin
16+ hour, 24+ min ago (295+ words) The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Ayo Omosehin, has stated that he offered personal prayers in church to prevent the revocation of any insurance operator’s licence during the industry recapitalisation exercise....
Over 36m small businesses at risk as only 3.17m Nigerian MSMEs hold insurance coverage
1+ week, 2+ day ago (450+ words) Over 36 million Micro, Small, and Medium Enterprises (MSMEs) in Nigeria are exposed to catastrophic operational risks and economic shocks, as findings from the Insurance Sector Strengthening Programme (ISSP). reveal that only 3.17 million – eight per cent, out of the country’s 39.65 million…...