NAICOM unveils protection fund for policyholders

NAICOM unveils protection fund for policyholders

NAICOM inaugurates the Insurance Policyholders Protection Fund to safeguard consumers from losses due to failed insurers and boost confidence in Nigeria’s Read More: https://punchng.com/naicom-unveils-protection-fund-for-policyholders/

Nigeria: FG inaugurates committee to protect insurance policyholders

WorldStage– Finance Minister Taiwo Oyedele and the National Insurance Commission Chairman, Segun Omosehin on May 15 inaugurated the Insurance Policyholders’ Protection Fund (IPPF) Committee that will protect consumers and build trust in the insurance industry. Oyedele said the inauguration marked a milestone in the implementation of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, and the committee will demonstrate government commitment …

FG Launches Insurance Protection Fund Committee to Boost Public Confidence

The Federal Government has inaugurated the Insurance Policyholders’ Protection Fund Committee as part of efforts to strengthen public confidence in Nigeria’s insurance sector and protect customers from losses arising from distressed insurance firms. The inauguration took place in Abuja on Thursday, with the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, saying […] The post FG Launches Insurance Protection Fund Commi…

FG Inaugurates Insurance Policyholders’ Protection Fund Committee

FG inaugurates insurance Policyholders’ Protection Fund Committee By Adeola Akinbobola The Federal Government has inaugurated an Insurance Policyholders’ Protection Fund (IPPF) Committee, aimed at strengthening consumers protection and stabilising Nigeria’s insurance industry. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, during the inauguration on Friday in Abuja, said the IPPF Committee would safeguard News A…

FG Moves to Protect Insurance Customers with New Policyholders’ Fund Committee

Nigeria has inaugurated the committee that will oversee its new Insurance Policyholders’ Protection Fund, a statutory safety net designed to shield consumers from insurer failure and restore confidence in a sector critical to economic resilience.