Insurance Supervision

Insurance Education, Insurance Regulation

Chronicles Of Insurance Commissioners In Nigeria: Their Highs and Lows

The article delves into the rich history of Nigeria’s insurance sector, exploring the pivotal role of the National Insurance Commission (NAICOM) and its successive commissioners. From Chief Eugene Okwor’s pioneering efforts to Mr. Olusegun Ayo Omosehin’s vision for transformation, each leader’s tenure is scrutinized, highlighting triumphs, challenges, and the evolving landscape of insurance regulation in Nigeria.

Insurance Regulation

Toward Addressing The Immediate Challenges Of Regulation And Supervision Of Insurance Industry In Nigeria

The article sheds light on the dire situation at Nigeria’s National Insurance Commission (NAICOM), which has ceased regulatory activities since January 2024. It discusses the industry’s challenges, including inefficiency, funding issues, and political interference. Urgent solutions are proposed to prevent the collapse of the insurance sector.

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