15+ hour, 28+ min ago   (526+ words) Nigeria’s largest insurance firm, National Insurance Corporation of Nigeria, NICON, has finally lost its operational licence and has been taken over by a Receiver Manager. The operational licence of NICON – owned by the Federal Government and established in 1969 by Decree…...

3+ week, 5+ day ago   (1248+ words) The conclusion of the National Insurance Commission’s (NAICOM) insurance industry recapitalisation exercise marks more than the end of a regulatory compliance programme, as the industry now sits on a whopping N715 billion capital base. It represents a fundamental attempt to redraw…...

1+ mon, 2+ day ago   (252+ words) The chief executives of insurance and reinsurance companies have converged at the National Insurance Commission’s (NAICOM) headquarters in Abuja to receive new operational licenses to continue in business. This as the NAICOM commenced yesterday, the issuance of new licence certificates…...

1+ mon, 3+ day ago   (554+ words) Consolidated Hallmark Insurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc has reaffirmed its position as one of Nigeria's financially strong, resilient and dependable insurance companies after successfully meeting the National Insurance Commission's (NAICOM) new minimum capital requirement under the…...

1+ mon, 1+ week ago   (164+ words) Independent Newspaper Nigeria Financial Inclusion: NAICOM Restates Commitment To Takaful, Microinsurance Growth The National Insurance Commission (NAICOM) has restated its commitment to nurturing the growth of Takaful and microinsurance in Nigeria, positioning them as vital tools for financial inclusion. This…...

1+ mon, 2+ week ago   (381+ words) At the recently concluded 20th Africa International Housing Show 2026, Wole Fayemi, MD/CEO, Heirs General Insurance, a member of Heirs Insurance Group, challenged policymakers, developers, financiers, and homeowners to rethink the country’s housing agenda by placing risk protection at the centre…...

1+ mon, 3+ week ago   (682+ words) As the waters slowly recede, they leave behind a secondary, equally daunting challenge. For Nigeria’s insurance sector, this historic deluge represents an unprecedented, high-stakes surge in claims filings—and the ultimate “acid test” of the industry’s financial and moral resilience....

1+ mon, 3+ week ago   (261+ words) LAGOS – Sovereign Trust Insurance Plc has reaffirmed its unwavering commitment to delivering on its promise to policyholders through the prompt settlement of genuine claims, maintaining its reputation as a dependable insurer in Nigeria’s dynamic insurance industry. As at June 30, 2026, the…...

3+ mon, 4+ day ago   (265+ words) The government of Abia State has played host to the National Insurance Commission (NAICOM) to foster a sustainable partnership mutually beneficial to both the state and the risk management sector of the Nigerian economy. The understanding was reached during a…...

3+ mon, 1+ week ago   (332+ words) Almond Productions Limited, Organizers of the annual Almond Insurance Industry Awards has announced a new and expanded panel of judges for the 2026 edition of the Awards as nominations in the various categories opens. Mr Ogunniran is also coming with a…...