insurance sector

Former NAICOM Boss Thomas Predicts Game-Changing Transformation in Insurance Sector with New Act
Olorundare Sunday Thomas, the immediate former Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), has expressed optimism about the recently enacted Nigerian...

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Politics Today
2 days ago2 days ago

Olorundare Sunday Thomas, the immediate former Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), has expressed optimism about the recently enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law by President Bola Ahmed Tinubu. Thomas emphasized that with effective execution, this legislation is poised to safeguard the interests of all...

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NEM Chair Vows Strong Commitment to Driving Insurance Industry Growth
Tope Smart, chairman of NEM Insurance Plc, has reaffirmed his unwavering dedication to advancing the

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Politics Today
5 days ago5 days ago

Tope Smart, chairman of NEM Insurance Plc, has reaffirmed his unwavering dedication to advancing the

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NAICOM Plans Capital Boost to Empower Takaful and Microinsurance Firms
While the insurance sector is presently engaged in a comprehensive recapitalisation process targeting insurance and reinsurance companies, emerging reports suggest that Takaful and micro-insurance providers...

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Politics Today
5 days ago5 days ago

While the insurance sector is presently engaged in a comprehensive recapitalisation process targeting insurance and reinsurance companies, emerging reports suggest that Takaful and micro-insurance providers will soon face similar capital enhancement requirements. LEADERSHIP has gathered that the National Insurance Commission (NAICOM) is conducting a detailed evaluation of the various subsectors within the insurance industry to...

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AIICO Insurance Soars: Investment Income Surges 54% Driven by Stronger Returns
AIICO Insurance Sees 54% Surge in Investment Income Amid Stronger Fixed-Income Yields AIICO Insurance Plc has announced a remarkable 54% increase in its investment income...

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Business Updates
1 month ago1 month ago

AIICO Insurance Sees 54% Surge in Investment Income Amid Stronger Fixed-Income Yields AIICO Insurance Plc has announced a remarkable 54% increase in its investment income compared to the previous year. This significant growth is primarily attributed to improved returns from fixed-income securities, reflecting the company’s strategic focus on optimizing its investment portfolio. Boost in Fixed-Income...

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