The National Insurance Commission
The National Insurance Commission, NAICOM was set up by decree no 1 of 1997 with a mandate to ensure the effective administration, supervision, regulation and control of insurance business in Nigeria. The decree replaced an earlier Decree no 62 of 1992 that established the National Insurance Supervisory Board, NISB.
(MDRI)MARKET DEVELOPMENT AND RESTRUCTURING INITIATIVE
The Commission embarked on some measures to uplift the face of Insurance in Nigeria under a project tagged “Nigeria Insurance Market Development and Restructuring Initiatives” (MDRI). The strategy crafting stage was concluded by 31st July, 2009 while Implementation is starting immediately to end Dec 2010.
APPROVED AND PUBLISHED ACCOUNTS
CFI Presentations
INSURANCE INDUSTRY IN NIGERIA: OPPORTUNITIES AND CHALLENGES (MS Words)
ANNUAL INSURANCE PROFESSIONALS FORUM (MS Word)
NAICOM MANAGEMENT RETREAT AT ILORIN (MS Word)
MIGRATION TO RISK-BASED SUPERVISION: Prospects & Challenges (MS Word)
2010 AIO ANNUAL SEMINAR ON LIFE INSURANCE(MS Word)
Downloads
ANTI-MONEY LAUNDERING JOB FOR THE INSURANCE INDUSTRY(pdf)
CONSOLIDATED GENERAL INSURANCE BUSINESS PROFILE 2007(pdf)
PREMIUM/CLAIM FOR FIRE INSURANCE BUSINESS 2007(pdf)
GUIDELINES FOR DEVELOPING A RISK MGT FRAMEWORK FOR INSURERS AND REINSURERS IN NIG.(pdf)
Other Links
FSRCC Memebers Insurance Industry Associations
1. www.cbn.gov.ng 1. www.nigeriainsurers.com
2. www.sec.gov.ng 2. www.ciinigeria.com
3. www.ndic.gov.ng 3. www.ncrib.net
4. www.cac.gov.ng 4. www.nigeriailan.org
5. www.fmf.gov.ng 5. www.waii.org
Polls
Insurance is very necessary for a better Nigeria
Number of License Insurance Companies in Nigeria
Insurance Contribution to the Nigeria Economy
Number of License Insurance Practitioners in Nigeria
National Insurance Commission