NAICOM Issues Regulatory Sandbox, Takaful Market Conduct, ERM Guidelines

The National Insurance Commission as part of its strategic objective to drive innovation of products and services, ensure operators are professional in the conduct of their businesses in line with best practices, recently issued the following guidelines:

  • Insurance Regulatory Sandbox Operational Guidelines
  • Market Conduct Guidelines for Takaful and Retakaful Insurance Operators
  • Enterprise Risk Management Framework for Takaful and Retakaful Operators in Nigeria.

The Commission expects all Operators to ensure compliance with the new guidelines to the benefit of all stakeholders. Attached are the various guidelines for your necessary action. 

‘Rasaaq ‘Salami

Head, Corporate Communication and Market Development

For: Commissioner for Insurance

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Leadway Assurance, CubeCover, Vitse Technologies Sign on as Official Partners for IMT 5.0

Insurance Meets Tech (IMT), West Africa’s premier platform for...

Topics

CBN Welcomes Nigeria’s Removal from FATF Grey List

The Central Bank of Nigeria (CBN) welcomes the Financial...

Sterling Pioneers Africa’s First Indigenous Core Banking System

Nigeria’s leading commercial bank and Africa’s most agile company,...

HR: Mercer South Africa, EZ37 Solutions Nigeria in Strategic Partnership

Mercer South Africa (Consulting) (Pty) Limited announced on 25...

ACAMB Champions Bankers Wellness with Aerobics Fitness Session

As part of its commitment to promoting a healthier...

Indigenous Software Will Create Jobs, Drive Economic Growth – Experts

L-R: Bimbo Abioye, President, ISPON, Hajia Thaibat Adeniran, CEO,...

Zenith Bank: Mixed Bag of Decline, Strong Growth in H1

Ebenezer Onyeagwu MD/CEO Zenith Bank Plc The 2020 half-year (H1) financial report...

PenCom Extends Online Pension Verification & Enrolment to Dec 31, 2021

NOTICE OF EXTENSION OF THE ONLINE VERIFICATION AND ENROLMENT...
spot_img

Related Articles

Popular Categories

spot_imgspot_img