Africa: Insurance

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Article
NAICOM’S Guidelines For Foreign Health Insurance Providers: Key Compliance Considerations For Insurers And Policyholders In Nigeria
Nigeria's insurance regulator has introduced a comprehensive framework requiring foreign health insurers to obtain approval and partner with local entities before serving Nigerian clients. What compliance obligations must multinational corporations and international insurers now satisfy to continue operating in this market?
Nigeria Insurance
PL
Pavestones Legal
Article
Sandboxed To Scalable: Nigeria’s Next Insurance Investment
Nigeria's Insurance Regulatory Sandbox, operational since 2023, offers a controlled testing environment for innovative insurance structures. Could this framework provide the pathway for establishing a domestic Protection & Indemnity mutual club, addressing a critical gap in Nigeria's maritime insurance sector while navigating the complex regulatory requirements of NAICOM, NIMASA, and local content legislation?
Nigeria Insurance
PM
PYE·M Systems
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
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Reinsurance

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Insurance Laws and Products

Article
NAICOM’S Guidelines For Foreign Health Insurance Providers: Key Compliance Considerations For Insurers And Policyholders In Nigeria
Nigeria's insurance regulator has introduced a comprehensive framework requiring foreign health insurers to obtain approval and partner with local entities before serving Nigerian clients. What compliance obligations must multinational corporations and international insurers now satisfy to continue operating in this market?
Nigeria Insurance
PL
Pavestones Legal
Article
Data Breach Triage And The Insurer’s First 72 Hours
When personal information is compromised, insurers face more than a technical problem—they confront a legal and reputational crisis that demands immediate, structured action. Drawing lessons from major South African data breaches including Dis-Chem, Experian, and FlySafair, this analysis examines how insurance organisations can implement effective data breach triage protocols under POPIA to ensure proportionate escalation, preserve evidence, and maintain control when incidents occur.
South Africa Privacy
FW
Fairbridges
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