NAICOM plans approval for four new insurance companies

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

The National Insurance Commission says it has received applications and commenced the registration process for four new insurance companies.

NAICOM disclosed this on Friday in a publication signed by the management of the commission, entitled ‘Notice on registration of new insurance companies.’

The companies include Heirs Insurance Limited, which was incorporated in February 2015, with Mr Olaniyi Onifade as the managing director; and Stanbic IBTC Insurance Limited, incorporated in May 2012, with Mr Akinjide Orimolade as MD. Others are Heirs Life Assurance Limited, incorporated in February 2019, with Abah Okoriko as MD; and Enterprise Life Assurance Company Limited, incorporated in October, 2019 with Mrs Fumilayo Omo as MD.

NAICOM said it had received applications from the companies for registration as insurance companies to transact insurance business in Nigeria.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Customers protest CAC’s new policy on company certificate deliveryCustomers staged a protest on Friday in front of the headquarters of the Corporate Affairs Commission (CAC) in Abuja to protest new policy on delivery of company registration certificates introduced due to COVID-19. Read more:
Source: Daily Trust - 🏆 13. / 51 Read more »