Lasaco Assurance Plc has announced that it successfully raised about N11.1bn in fresh capital through a private placement, as part of efforts to meet the 2026 recapitalisation deadline set by …
INSURANCE INDUSTRY
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Corporate AffairsEconomyFinanceInsuranceRegulation
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BusinessEconomyFinanceGovernanceHealthInsurance
NAICOM Raises Alarm Over $2bn Annual Capital Flight in Health Insurance
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
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BusinessCyber securityFinance & ServicesInsurance
Insurers Say Cybersecurity Guidelines Will Prepare Sector for Protection and Opportunity
The Insurers Committee has said the cybersecurity guidelines from the National Insurance Commission (NAICOM) will help to put the sector in a strong position against cyber risks and create opportunities …
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BusinessDevelopmentGOVERNMENTInsuranceSales Strategy
Insurance Regulator Urges Data-Driven Risk Management for National Growth
The Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, has called on public and private institutions in Nigeria to adopt a data-driven and proactive …
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BusinessEconomyEducationManufacturing & Consumer GoodsOil & GasUncategorized
Insurance Firms Named Top Abusers Of Buyers Power
The Competition Authority has named the insurance industry as the top abuser of buyer power accounting for 72 percent of all cases investigated by the authority. This is an increase …