Vision



To be among the leading regulators of the insurance sector in the emerging markets

Mission



Effectively supervising the Nigerian Insurance industry to the attainment of high ethical standards, for leadership in global emerging markets.

Core values



Transparency, Integrity and Efficiency (TIE)

GENERAL STATISTICS

NUMBER OF LICENSED COMPANIES IN NIGERIA

Life ....................................16

Non Life .............................30

Composite ..........................11

Re-Insurance ....................... 2

INSURANCE CONTRIBUTION TO THE NIGERIAN ECONOMY

Total Net Premium ............ (N)188,755.74BN

Total Gross Premium ........ (N)258,402.31BN

+Increase / -Decrease

TGP ........................... (%)+10.55

NUMBER OF LICENSED INSURANCE PRACTITIONERS IN NIGERIA

Reinsurance ......... 2

Underwriters ......... 57

Brokers ................... 577

Loss Adjusters ....... 54

Agents ..................... 1900

News & Events

PRESS RELEASE

NIGERIAN INSURANCE INDUSTRY TO SEE STEADY 7.5% FOUR-YEAR GROWTH.

VENTURES AFRICA – Nigeria’s Insurance Industry would grow at an average annual rate of 7.5 percent between ... read more