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Searching Content from Nigeria indexed under Insurance Laws and Products ordered by Published Date Descending.
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1
Nigeria's New Insurance Business Regime: In Search For Bigger And Better Fortresses
NAICOM's power to administer, supervise, regulate and control the insurance industry is derived both from its establishment Act and the Insurance Act.
Nigeria
1 Jul 2019
2
New Minimum Capital Requirement For Nigerian Insurance Companies: What You Should Know
In exercise of its statutory powers and regulatory functions, the NAICOM, recently reviewed the minimum paid-up share capital requirement for all classes of insurers doing business in Nigeria.
Nigeria
5 Jun 2019
3
Insuring Your Legacy
The story of Chief and Mrs. Brown underscores the importance of insurance in intergenerational wealth management.
Nigeria
25 Apr 2019
4
National Housing Fund (Establishment) Act, 2018: Analysis And Recommendations For Legislative Review
In a letter dated March 19, 2019, addressed to the leadership of the National Assembly and read at Plenary on the floor of the Senate on Tuesday, April 2, 2019, President Muhammadu Buhari declined assent to eight Bills ...
Nigeria
17 Apr 2019
5
Nigerian Insurance Industry – Achieving Tax Neutrality To Attract The Needed Investments
The Insurance industry is a very important part of any economy as it generally acts as a shock absorber for businesses. Insurance is a key risk management tool which enables businesses hedge against the potential risk of a loss.
Nigeria
8 Nov 2018
6
Taxation Of Commissions Payable To Insurance Brokers/Agents – An Obligation Or A Nightmare?
The insurance industry is one of the specialised businesses having a peculiar business model and corresponding distinct tax considerations in Nigeria.
Nigeria
1 Mar 2018
7
PenCom Issues Public Notices On Administration Of Life Insurance Policy
The public notices are meant to serve as a reminder to the earlier issued guidelines for life insurance policy by PenCom.
Nigeria
27 Feb 2018
8
Life Premiums Are Tax Deductible But Not The Savings Component Says LIRS
Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.
Nigeria
9 Oct 2017
9
LIRS Issues Public Notice On Treatment Of Savings Element On Insurance Premium
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) to clarify the treatment of savings element on insurance premium.
Nigeria
3 Oct 2017
10
Merger Control 2015
The NCC gives a maximum of sixty (60) days for such notification and responds within a thirty (30) day time frame.
Nigeria
23 Jun 2017
11
An Appraisal Of Essential Provisions To Protect The Interest Of The Main Contractor In A Subcontract Construction Agreement
In Construction, the Employer may nominate a Subcontractor to carry out some Works. In such instance, the Employer would negotiate price with the appointed Subcontractor and direct the Main contractor...
Nigeria
5 Dec 2016
12
De-Risking Lending Through The Use Of Credit Derivative Instruments
Although the CDI has been criticized by many due to its ability to engender systemic risk; especially the more exotic types.
Nigeria
28 Sep 2016
13
Deloitte Insurance Risk Management Survey - State Of The Industry
The Deloitte Insurance Risk Management Survey was commissioned to understand the state of risk management practices in the Insurance industry in line with NAICOM guidelines.
Nigeria
14 Dec 2015
14
Insurance Banana Skins And Taxation
Tax has always been one of an insurer's most significant expenses, comparable to payroll and claims.
Nigeria
14 Aug 2015
15
The African Insurance Market In 2014 - Opportunities And Challenges
The insurance market on the continent of Africa has changed and continues to change significantly – but it still has a long way to go.
Nigeria
17 Dec 2014
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