Insurance

The National Insurance Commission (NAICOM) has vowed to prevent use of stolen funds to recapitalise the bank-owned insurance companies that are seriously shopping for investors in other to meet the deadline date set by the Central Bank of Nigeria (CBN) on divestment.

As part of its core mandate to address specific gaps in the existing products in the Nigeria insurance market, FBN Life, a member of the First Bank Group, is providing policies to meet the needs of the insuring public.

Inspenonline, an online media outfit, has joined league of media organisations to promote insurance and pension awareness in the country.

National Insurance Commission (NAICOM), in pursuant to the provisions of the Insurance Act 2003, has temporarily put on hold the operations of about 99 insurance broking firms in Nigeria.