Nigeria · West Africa · class G
General (non-life) insurance companies in Nigeria
28 licensed general (non-life) insurers, 55% of the 51 insurance entities supervised by the National Insurance Commission. Short-term property, casualty, motor, marine and other non-life covers.
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About general (non-life) insurers in Nigeria
How many general (non-life) insurers are licensed in Nigeria?
28 of the 51 licensed insurance entities this directory lists in Nigeria are classified as general (non-life) (55%). Partially verified against the regulator register.
Who regulates general (non-life) insurers in Nigeria?
National Insurance Commission (NAICOM). Regime: Insurance Act 2003; NIIRA 2025 recapitalisation. Official website: https://naicom.gov.ng.
Who owns the general (non-life) insurers in Nigeria?
Of the 28 licensed general (non-life) insurers in Nigeria, 21 are domestic private companies, 6 are members of pan-African groups (Capital Express, Coronation Group, Mutual Benefits), and 1 is a subsidiary of a foreign multinational group (New India Assurance), as recorded in the register.
Data: /api/v1/countries/nigeria.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.