insurance and pension news
Saturday, September 13, 2025
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance Industry Reform Act (NIIRA) 2025 has mandated insurance companies to pay 0.5 per cent of underwriting profit on motor business into the Road Safety and Accident Victims Compensation Fund, of which 30 per cent should be given as […]
Leave a comment and share Chuks Udo Okonta Insurance operators are expected to set aside three per cent of their net premium on motor vehicles policies, which part of the fund would be used to procure equipment for the Nigeria Police, Federal Road Safety Corps and Road-Traffic Agencies. This is […]
