Tag: The National Insurance Commission (NAICOM)

Business news

NAICOM exits African Alliance after 18 Months Management Spill

The National Insurance Commission (NAICOM) has handed over the management of African Alliance Insurance Plc to a newly constituted board nominated by shareholders. ‎The move ends a regulatory intervention that rescued the troubled insurer from the brink of collapse. The development marks a major milestone in the insurance industry’s efforts to strengthen policyholders’ protection and […]

Business news

NAICOM Targets Resilient, Global Competition Market in Insurance Sector Consolidation

The National Insurance Commission (NAICOM) has unveiled a far-reaching reform agenda aimed at strengthening industry stability, improving consumer confidence, and positioning the sector to play more strategic role in national economic growth. Speaking at the 2026 management retreat in Uyo, Olusegun Ayo Omosehin, commissioner for Insurance/CEO, NAICOM, described the initiative as a defining moment for […]

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