Economic News Update

NAICOM bars insurers from selling products through banks

 

The National Insurance Commission has barred all underwriting companies from selling their products through the banks and other financial institutions.

The Commissioner for Insurance, Mr. Mohammed Kari, said this during the investiture ceremony of the Managing Director, Consolidated Hallmark Insurance Plc, Mr. Eddie Efekoha, as the 22nd chairman of the Nigerian Insurers Association in Lagos on Tuesday.

 

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Economic News Update

NAICOM bars insurers from selling products through banks

 

The National Insurance Commission has barred all underwriting companies from selling their products through the banks and other financial institutions.

The Commissioner for Insurance, Mr. Mohammed Kari, said this during the investiture ceremony of the Managing Director, Consolidated Hallmark Insurance Plc, Mr. Eddie Efekoha, as the 22nd chairman of the Nigerian Insurers Association in Lagos on Tuesday.

 

Read More

Comment here