National Insurance Commission (NAICOM)

National Insurance Commission (NAICOM)

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The National Insurance Commission was established in 1997 with the responsibility of regulating and supervising insurance business in Nigeria. It replaced the previous regulatory organ – the Nigerian Insurance Supervisory Board. Prior to 1992, the Federal Ministry of Finance licensed and supervised insurance companies.

Latest Updates in National Insurance Commission (NAICOM)

Guidelines for Oil and Gas Insurance Business

The National Insurance Commission has the primary responsibility for regulating insurance business in Nigeria and is collaborating with the Nigerian Content Development and Monitoring Board (NCDMB) to... Continue Reading...

Guidelines for Microinsurance Operations in Nigeria

In exercise of the powers conferred by section 7 of the National Insurance Commission Act 1997, theNational Insurance Commission (hereinafter referred to as the... Continue Reading...

Guideline for Developing a Risk Management Framework for Insurers and Reinsurers in Nigeria

NAICOM within its powers has released a guideline mandating all insurers and reinsurers shall establish and maintain a Risk Management Framework a risk management framework is the... Continue Reading...

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Guideline for Developing a Risk Management Framework for Insurers and Reinsurers in Nigeria

NAICOM within its powers has released a guideline mandating all insurers and reinsurers shall establish and maintain a Risk Management Framework a risk management framework is the... Continue Reading...

Guidelines for Microinsurance Operations in Nigeria

In exercise of the powers conferred by section 7 of the National Insurance Commission Act 1997, theNational Insurance Commission (hereinafter referred to as the... Continue Reading...

Guidelines for Oil and Gas Insurance Business

The National Insurance Commission has the primary responsibility for regulating insurance business in Nigeria and is collaborating with the Nigerian Content Development and Monitoring Board (NCDMB) to... Continue Reading...

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