Vision



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

Mission



To conduct effective supervision of the Nigerian Insurance industry for the attainment of a high ethical standard needed to position the industry as a leading market in the global economy.

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

NAICOM sets up internal committee to drive transformation agenda(PDF)

Notice to the General Public on unsettled Insurance Claim(s)(PDF)

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