Minister Urges NAICOM on Prompt Claims Payments The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has directed the board and the management of the National Insurance Commission (NAICOM) to enforce prompt claims payments in the industry as it remains  one of the...

NAICOM To Launch Revised Insurance Distribution Policy   The National Insurance Commission will soon introduce a revised insurance distribution channel, which will replace the State Insurance Policy that was cancelled. The new policy may involve the issuing of new distribution licences to non-insurance bodies, who would be...

Nigerians With Access To Insurance Grow By 1.9% The total number of Nigerians with access to insurance rose from 1.1 to 1.9%, recent statistics quoted by the National Insurance Commission had shown. The Commissioner for Insurance, Alhaji Mohammed Kari, who stated this, said that this was...

The National Insurance Commission (NAICOM) on Friday said it had held a meeting with the Central Bank of Nigeria (CBN) to reinstate the sale of insurance products in banks (bancassurance). A statement by NAICON Spokesman, Mr Rasaaq Salami, said the management of NAICOM led by...