The National Insurance Commission (NAICOM) has revoked the certificate of registration of Fortune Assurance Company Limited. It said the revocation of the licence of the firm took effect from June 14, warning members of the public against dealing in any of the company’s properties without recourse to the commission The […]
Tag: Fola Daniel
SEC, NAICOM collaborate on insurance companies regulation
The National Insurance Commission and the Securities and Exchange Commission have agreed on the need to collaborate on the supervision and regulation of insurance companies quoted on the Nigerian Stock Exchange. According to a statement issued by NAICOM on Tuesday, the Director -General, SEC, Ms Arunma Oteh, disclosed this when […]
NAICOM cancels 32 insurance brokers’ licences
The National Insurance Commission has cancelled 32 licences of insurance brokers and suspended two others for various infractions. The Commissioner for Insurance, Mr. Fola Daniel, stated this, in a presentation to the House of Representatives in Abuja. He said, “32 licences of insurance brokers have been cancelled, while two licences […]
