The 10th National Assembly has set out fresh conditions for insurance and reinsurance businesses in the country following the enactment of the Nigeria Insurance Industry Reform Act, 2024.

As Nigeria joins other 54 African countries to march on a single trade under the African Continental Free Trade Area (AfCFTA) to harness the $490 billion market, insurance brokers are positioning ...

while urging insurance brokers in Nigeria to position themselves for the enormous benefits to be provided by the agreement. The president of Nigerian Council of Registered Insurance Brokers (NCRIB ...

NSIA Insurance Company Limited has paid about N44 billion as claims to its policyholders who suffered insured risks in the ...

It will also determine who carries out insurance business in Nigeria and require insurance ... individuals respectively acting as insurance brokers without being registered to do so.

Backing the CFI, the Deputy Managing Director of Insurance Brokers of Nigeria Limited, Eric Omozejele, in his paper presentation at the workshop, highlighted the need to build capacity.

…we are at the voluntary phase of the adoption roadmap, which lasts between now and December, 2027. That, it is expected that public interest entities should join the adoption train now at this ...

A copy of the Act exclusively obtained by Sunday PUNCH showed that Section 39 of the Act highlighted the conditions for the licensing of insurance brokers in Nigeria. In Section 39, the proposed ...

NSIA Insurance Limited has celebrated its 30 years of business success in Nigeria, paying out N44 billion on claims to its ...