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)
NUMBER OF LICENSED COMPANIES IN NIGERIA
Life ....................................16
Non Life .............................31
Composite ..........................11
Re-Insurance ....................... 2
INSURANCE CONTRIBUTION TO THE NIGERIAN ECONOMY
Total Net Premium ............ (N)185BN
Total Gross Premium ........ (N)234BN
+Increase / -Decrease
TGP ........................... (%)+16.7
NUMBER OF LICENSED INSURANCE PRACTITIONERS IN NIGERIA
Reinsurance ......... 2
Underwriters ......... 58
Brokers ................... 577
Loss Adjusters ....... 54
Agents ..................... 1900
