Africa: Insurance

Subscribe
Insurance law and insurance regulation thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as reinsurance, insurance law and insurance products.
Article
The P&I Mutual Problem: How The New Insurance Nigerian Law Created, And Solved, Its Own Conflict
Nigeria's landmark insurance reform has inadvertently complicated the establishment of a domestic Protection and Indemnity club, creating a fundamental tension between modern regulatory requirements and the mutual structure essential to marine liability insurance. Can the National Insurance Commission leverage existing legal provisions to bridge this gap and capture billions in annual premiums currently flowing to foreign institutions?
Nigeria Insurance
PM
PYE·M Systems
Article
Insurance Policyholders’ Protection Fund: Key Obligations For Insurers And Reinsurers Under The New NAICOM Guidelines
The National Insurance Commission (NAICOM) has issued Guidelines for the Insurance Policyholders' Protection Fund (IPPF), requiring all licensed insurers and reinsurers to contribute 0.25% of their Net Premium Income to protect policyholders and beneficiaries. The Guidelines establish a comprehensive framework for funding, management, and utilization of the Fund, with strict compliance obligations and regulatory oversight.
Nigeria Insurance
UU
Udo Udoma & Belo-Osagie
See more

Reinsurance

See more

Insurance Laws and Products

Article
The P&I Mutual Problem: How The New Insurance Nigerian Law Created, And Solved, Its Own Conflict
Nigeria's landmark insurance reform has inadvertently complicated the establishment of a domestic Protection and Indemnity club, creating a fundamental tension between modern regulatory requirements and the mutual structure essential to marine liability insurance. Can the National Insurance Commission leverage existing legal provisions to bridge this gap and capture billions in annual premiums currently flowing to foreign institutions?
Nigeria Insurance
PM
PYE·M Systems
Article
Insurance Policyholders’ Protection Fund: Key Obligations For Insurers And Reinsurers Under The New NAICOM Guidelines
The National Insurance Commission (NAICOM) has issued Guidelines for the Insurance Policyholders' Protection Fund (IPPF), requiring all licensed insurers and reinsurers to contribute 0.25% of their Net Premium Income to protect policyholders and beneficiaries. The Guidelines establish a comprehensive framework for funding, management, and utilization of the Fund, with strict compliance obligations and regulatory oversight.
Nigeria Insurance
UU
Udo Udoma & Belo-Osagie
See more