Sunday, 9 July 2017

National Insurance Commission to review insurers’ performance




    The National Insurance Commission, NAICOM, says it plans to assess the implementation of the regulatory priorities for the industry in 2017, and strategize on how to improve the local retention of insurance business and premium.

    This was disclosed in a statement by  the commission saying that  the management of NAICOM would hold an interactive session with directors of insurance companies and major policy holders in Nigeria.
   The commission said it also intended to remind the directors of their roles in the effective and efficient management of their respective companies as key drivers of performance.
   According to the commission, major insurance consumers from the manufacturing, aviation, oil and gas, marine, transport, construction, health and financial sectors of the economy are expected to attend the session.

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