NAICOM Asks Insurers to Convert Capital Into Capacity

NAICOM raises post-recapitalisation bar for insurers

…as operators pledge improved service The National Insurance Commission (NAICOM) has raised the bar for insurers following the completion of read more NAICOM raises post-recapitalisation bar for insurers

NAICOM asks insurers to convert capital into capacity

NAICOM has challenged insurance firms to convert capital from the recapitalisation exercise into stronger underwriting capacity and faster claims settlemen

NAICOM Urges Insurers to Convert Recapitalisation into Stronger Capacity

By Adedapo Adesanya The National Insurance Commission (NAICOM) has urged insurance companies to shift their focus from the amount of capital raised during the industry’s recapitalisation exercise to the value the funds can create through stronger underwriting, improved claims settlement, innovation and enhanced customer service. The Commissioner for Insurance and Chief Executive Officer of NAICOM, […]

NAICOM Urges Insurers to Prioritise Value Creation Over Capital

The National Insurance Commission (NAICOM) has called on insurance operators to move beyond the volume of capital raised during the recent recapitalisation e...

NAICOM shifts focus to claims, technology and growth after insurance recapitalisation

The National Insurance Commission (NAICOM) has urged insurance operators to shift their focus from the amount of capital raised during the industry's recapitalisation exercise to the value that capital can create through stronger underwriting, improved claims settlement, innovation, and enhanced customer service.

Post-Recapitalisation: Omosehin Tasks Underwriters on Capacity, Warns Capital Without Delivery is Meaningless

…NIA pledges claims transparency, disciplined underwriting By LOVETH-AZODO CHIJIOKE, Lagos Following the landmark conclusion of the sector-wide recapitalisation exercise mandated by the Nigerian Insurance Industry Reform Act (NIIRA) 2025, the Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, has charged Nigerian underwriters to pivot from capital accumulation […]