• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 1, 2025
Bislad News
  • Login
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports
No Result
View All Result
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports
No Result
View All Result
Bislad News
No Result
View All Result

NAICOM Vows To Ensure Insurance Operations Obey lndustry Regulations.

by Bisi Bamishe
December 22, 2024
in Insurance
NAICOM Vows To Ensure Insurance Operations Obey lndustry Regulations.
Share this:

By Bisi Bamishe

The National Insurance Commission has vowed to ensure that insurance operations obey industry regulations.

Deputy Director and Head, NAICOM Lagos Control Office, Dr. Julius Odidi made this known over the weekend at the 2024 annual Insurance Industry Consultative Council (IICC) Media Retreat held at the College of Insurance and Finance Management, Aseese, Ogun State

Delivering the keynote address on behalf of the Commissioner for Insurance Mr Olusegun Omosehin,  he stated that NAICOM has continued to enforce policies that promote transparency, accountability, and solvency, ensuring that the insurance industry remains stable, prosperous, and trustworthy.

Read Also:

AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

NAICOM Champions Engagement Between Nigeria, Ghana Insurance, Marine Operators.

“There are compliance issues and not to leave anyone in doubt, the Commission is out to ensure compliance to regulatory standards is one hundred per cent observed and adhered to by all and sundry. This, the Commission believes will enhance the ease of doing business and drive insurance growth and development,” he said.

According to him, there were major areas the insurance industry focused on to boost growth and contribution to Nigeria’s economy in 2024.

Reflecting on the progress made in 2024 by NAICOM, and looking  forward to the year ahead, he acknowledged that the  industry, under the watchful eye of the  Commission has made significant strides.

Highlighting the achievements made he said, “We have seen improvements in regulatory frameworks, increased awareness of the importance of insurance, and a more robust partnership with stakeholders. However, there is still much work to be done.’’

Speaking on Enhancing financial inclusion  he stated, “We have worked tirelessly to ensure that more Nigerians, especially in underserved regions, have access to affordable insurance products and services. The shift toward technology-driven solutions in the insurance sector has been crucial in driving efficiency, improving turnaround time, increasing market penetration, and providing innovative services to meet evolving customers and stakeholders needs.”

Previous Post

MUST READ : Speech Delivered By Omolola Oloworaran PenCom 2024 Media Conference

Next Post

Heirs Insurance Group Releases Thrilling Web Drama “The Underwriters” For The Holidays

Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

Related Posts

AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day
Insurance

AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

May 29, 2025
NAICOM Champions Engagement Between Nigeria, Ghana Insurance, Marine Operators.
Insurance

NAICOM Champions Engagement Between Nigeria, Ghana Insurance, Marine Operators.

May 25, 2025
Study Tour: Ghana Cargo Technical Committee Meets NIA-MOC  
Insurance

Study Tour: Ghana Cargo Technical Committee Meets NIA-MOC  

May 23, 2025
Guinea Insurance Board Reinforces Vision, Announce Leadership Transition
Insurance

Guinea Insurance Board Reinforces Vision, Announce Leadership Transition

May 22, 2025
AIICO Partners ETAP to Redefine Car Insurance for Nigerians
Insurance

Life Insurance Explained: Why Staying the Course Matters More Than Early Withdrawal

May 20, 2025
Insurers Committee Launches  Nationwide Campaign For 3rd Party Motor lnsurance
Insurance

Insurers Committee Launches Nationwide Campaign For 3rd Party Motor lnsurance

May 20, 2025
Next Post
Heirs Insurance Group Delivers Outstanding Financial Results With 60% Premium Increase To N31.7bn ln FY2023

Heirs Insurance Group Releases Thrilling Web Drama “The Underwriters” For The Holidays

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

NLNG Launches Human Capital Development Programme Under Train 7 Project

NLNG Launches Human Capital Development Programme Under Train 7 Project

5 hours ago
AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

2 days ago
Anthonia Ifeanyi-Okoro Becomes PenOp Chief Operating Officers

Anthonia Ifeanyi-Okoro Becomes PenOp Chief Operating Officers

3 days ago
Enlightenment  Campaign : Pension lndustry Radio Program Debuts April 27.

Pension Industry Hosts Knowledge Session on “Demystifying Non-Interest Shari’ah-Compliant Investments.

3 days ago

Bisladnews.com is an online publication of Bislad Communication Network Company. It is a news platform dedicated to providing top news.

Follow Us

Browse by Category

  • Back in the days
  • Business
  • Features
  • Insurance
  • Interview
  • News
  • Opinion
  • Paper Presentation
  • Pension
  • Photo Gallery
  • Politics
  • Sports
  • Uncategorized

Recent News

NLNG Launches Human Capital Development Programme Under Train 7 Project

NLNG Launches Human Capital Development Programme Under Train 7 Project

May 31, 2025
AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

AIICO Insurance Brings Joy And Hope to Visually Impaired Children on Children’s Day

May 29, 2025
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports

©2024 - Bislad News

No Result
View All Result
  • Home
  • Politics
  • Insurance
  • Pension
  • Paper Presentation
  • Opinion
  • Back In The Days
  • News
  • Business
  • Features
  • Photo Gallery
  • Sports

©2024 - Bislad News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In