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

Nigeria: New Insurance Development Roadmap Underway, Says NAICOM

THE Commissioner for Insurance, Fola Daniel, has announced that the National Insurance Commission (NAICOM) was developing a new insurance industry ... read more