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Act 724Insurance Acts, 2006
ARRANGEMENT OF SECTIONSSectionNational Insurance Commission
1. Establishment of the National Insurance Commission
2. Object and functions of the Commission
3. Governing
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What is national insurance commission act?
The National Insurance Commission Act is a legislation that establishes the National Insurance Commission (NAICOM) in Nigeria. It regulates and supervises the insurance industry in the country.
Who is required to file national insurance commission act?
Insurance companies and intermediaries registered in Nigeria are required to file the National Insurance Commission Act.
How to fill out national insurance commission act?
To fill out the National Insurance Commission Act, insurance companies and intermediaries must provide the required information and follow the guidelines set by the National Insurance Commission.
What is the purpose of national insurance commission act?
The purpose of the National Insurance Commission Act is to regulate and supervise the insurance industry in Nigeria. It aims to ensure the stability and growth of the sector, protect the interests of policyholders, and promote fair competition.
What information must be reported on national insurance commission act?
The National Insurance Commission Act requires insurance companies and intermediaries to report various information, including financial statements, capital adequacy, risk management, corporate governance, and compliance with regulations.
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