Insurance Industry Assets Hit N2.3trn - NAICOM   The total assets of the country’s insurance industry have increased to N2.3 trillion in the second quarter of 2022, growing by 11.9 per cent or N200 billion from the second quarter of 2021. The non-life business assets stood at...

NAICOM: Solvency Ratio Report False, Misleading The National Insurance Commission (NAICOM) has said that a recent media report (not Economic Confidential) titled "solvency of 5 Insurers fall below regulatory threshold", was not only false but misleading and out of tune with the extant laws and...

The National Insurance commission has released the list of insurance companies that it approved its 2016 financial statements as at June 13, 2017. The Head, Corporate Affairs of the commission, Mr Rasaaq Salami, made this known in a statement, adding that FBN General Insurance, Wapic...

The National Insurance Commission (NAICOM) in Abuja said it would commence verification of the capital resources of all insurance companies in 2017. Mr Rasaaq Salami, Head, Corporate Affairs at NAICOM, told the News Agency of Nigeria (NAN) that the verification exercise would commence in the...