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

Hot this week

What Nigeria’s Floundering Anti-Terror Campaign Can Learn from Ukraine’s Robot War

By Elvis Eromosele For over a decade, Nigeria has been...

Driving Africa’s Fair Energy Transition Through Technology and Innovation

  By Prof. Bart O. Nnaji Founder/Chairman Geometric Power Limited and former...

ITU: Global Dialogue on AI Governance Set for July 6 in Geneva

Artificial Intelligence is reshaping economies, societies, and daily life....

$40 Smartphones to Transform Connectivity in Nigeria: Are Networks Ready?

At Mobile World Congress 2026, the GSMA and the...

NLNG Train 7 Delivers 70 New Talents to Nigeria’s Oil, Gas Industry

Some graduands of the NLNG Train 7 Project Human...

Topics

Zenith Leads with 41% in Banks’ N217m Print Advert Spend in Feb 2022

P+ Measurement Services, a PR Measurement and Evaluation Agency...

QUESTIONS TO ASK BEFORE BUYING OFF-PLAN PROPERTY

BY DENNIS ISONG Purchasing a property off-plan is a good...

Fidelity Bank Deepens Push for Non-Oil Exports Through FNITCC Platform

Nigeria’s diversification drive has gathered momentum in recent years...

Equities Market Suffers Dead Cat Bounce… NSE ASI Down 1.0%

The gain recorded in the Nigerian equities market yesterday,...

Goldlink Insurance Plc Receives FIRS Team

The management of Goldlink Insurance Plc received a team...

‘50% of Insurance Businesses Now Transacted Digitally’—Anchor Insurance CEO

Augustine Ebose MD/CEO Anchor Insurance Company Limited Following the effects of coronavirus...

Stanbic IBTC Bank Nigeria PMI: Output Growth Slows but Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as...
spot_img

Related Articles

Popular Categories

spot_imgspot_img