Nigeria: Insurance Laws and Products

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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.

The Case For Establishing A Nigerian P&I Club

Nigeria's recent election back into the Council of the International Maritime Organisation, after 14 years, marks more than a diplomatic milestone.

Nigeria Transport

PM

PYE·M Systems

Key Highlights Of The Nigerian Insurance Industry Reform Act 2025

On 29 July 2025, President Bola Ahmed Tinubu signed into law the Nigeria Insurance Industry Reform Act 2025 (‘NIIRA' or ‘New Act'), a legislation aimed at transforming the Nigerian insurance sector.

Nigeria Insurance

SK

Streamsowers & Kohn

Building Successful P&I Insurance In Emerging Markets: Lessons From China And Korea

In global shipping, power is often measured in ﬂeets, ports, and cargo volume.

Nigeria Transport

PM

PYE·M Systems

Modernizing Maritime Commerce In Nigeria: Key Innovations Under The Nigerian Insurance Industry Reform Act 2025.

Commercial transactions in Nigeria, particularly the importation of goods, are predominantly conducted via maritime transport.

Nigeria Insurance

SB

Stren & Blan Partners

The Nigerian Insurance Industry Reform Act 2025: Key Innovations And Business Implications

Nigeria Insurance

WT

WTS Blackwoodstone

Decoding The Insurance Reform Act: New Rules, New Realities For Intermediaries

Nigeria Insurance

PL

Pavestones Legal

Understanding The Taxation Of Income Of Employees Under The Tax Reform Acts

SA

S.P.A. Ajibade & Co.

Nigeria's Health Insurance Authority Takes A Big Step Forward On The Quality Improvement Journey

Nigeria Healthcare

HE

Health Ethics and Law Consulting

Aluko &Oyebode Maritime Newsletter: Quarter 3 2025

Nigeria Transport

AO

Aluko & Oyebode

Why Nigerian Football Needs Responsible Communication Between Stakeholders To Flourish

Nigeria Media & IT

GL

Greenfields Law

Innovations In Nigeria's Insurance Landscape: Key Provisions Under The Nigerian Insurance Industry Reform Act, 2025

Nigeria Insurance

Adeola Oyinlade & Co

Vital Signs - October 2025

Nigeria Healthcare

FS

Moroom Africa Legal Consults

Nigeria's Insurance Industry Reform Act, 2025: A Deep Dive Into Reform And Its Challenges

Nigeria Insurance

AP

Advocaat Law Practice

The Impact Of Nigeria's Local Content Act On P&I Insurance

Nigeria Transport

PM

PYE·M Systems

Marriage And Property In Nigeria: What Couples Need To Know About Their Rights

SP

SimmonsCooper Partners

US Introduces Visa Bond For Nigerians

Nigeria Immigration

AP

Advocaat Law Practice

What You Should Know About The New Data Protection Compliance Audit Regime In Nigeria

Nigeria Privacy

AP

Advocaat Law Practice

Firs Imposes 10% Withholding Tax On Interest From Short-Term Instruments

SB

Stren & Blan Partners

What The New Tax Reform Acts Mean For Business (Names) Owners In Nigeria

Compos Mentis Legal Practitioners

Can Nigeria Stem Its $1.5 Billion Losses To Foreign Marine Insurers?

Nigeria has lost over $1.5 billion to foreign marine insurers in just three years. That's not a projection.

Nigeria Transport

PM

PYE·M Systems

How Can Nigeria's Blue Economy Ministry Help Build A $1 Trillion Economy?

In 2023, the Nigerian government established the Ministry of Marine and Blue Economy, a long-anticipated step toward harnessing the country's vast maritime potential

Nigeria Transport

PM

PYE·M Systems

De-Risking Nigerian Maritime Trade: The Case For Local P&I Insurance

In the world of global shipping, insurance isn't just paperwork; it is infrastructure. It determines who can trade, under what conditions, and at what cost.

Nigeria Transport

PM

PYE·M Systems

Why Nigeria Needs To Become A Maritime Insurance Hub In West Africa

Nigeria is the maritime backbone of West Africa. Its coastline stretches over 850 kilometres and is home to strategically located ports including Apapa, Tin Can Island...

Nigeria Transport

PM

PYE·M Systems

The Future Of P&I Insurance In Emerging Markets: The Viability Of Regional Hubs Like Nigeria

Nigeria Transport

PM

PYE·M Systems

Insurance Reform vs. Corporate & Competition Laws: Where The Conflict Lies

Nigeria Insurance

Compos Mentis Legal Practitioners

Policy Brief: Nigerian Insurance Industry Reform Act, 2025 (NIIRA 2025)

Nigeria Insurance

TA

Tope Adebayo LP

Regulatory Update: The Nigerian Insurance Industry Reform Act 2025 – Navigating Compliance

Nigeria Insurance

PL

Pavestones Legal

5 Key Things To Know About The Nigerian Insurance Industry Reform Act

Nigeria Insurance

UU

Udo Udoma & Belo-Osagie

Regulatory Update: Guidelines For Insurtech Operations In Nigeria Introduction

Nigeria Insurance

UU

Udo Udoma & Belo-Osagie

Liability Coverage In Cargo Insurance Contracts: All-Risk Vs. Named Perils

Nigeria Insurance

OA

Olisa Agbakoba Legal (OAL)

Regulatory Update: 2025 Guidelines For Insurtech Operations In Nigeria – Navigating Compliance

Nigeria Insurance

PL

Pavestones Legal

Aviation: Financing And Leasing 2025

Nigeria Transport

SK

Streamsowers & Kohn

Warranty And Indemnity Insurance In Nigerian Mergers And Acquisitions – Navigating Complexity, Re-Allocating Risk, And Unlocking Value At Exit

Nigeria Insurance

UU

Udo Udoma & Belo-Osagie

Liability Coverage In Cargo Insurance Contracts: All-Risk Vs. Named Perils

Cargo insurance is an important part of international and domestic trade, offering financial protection against the risks that goods face while in transit.

Nigeria Insurance

OA

Olisa Agbakoba Legal (OAL)

Regulatory Update: 2025 Guidelines For Insurtech Operations In Nigeria – Navigating Compliance

In furtherance of its regulatory powers, the National Insurance Commission (the "Commission") in its circular dated July 30, 2025 issued the Guidelines for Insurtech Operations in Nigeria 2025 (the "Guidelines").

Nigeria Insurance

PL

Pavestones Legal

Aviation: Financing And Leasing 2025

If the interest in an engine installed in an airframe is held by a person other than the person who holds interest in the airframe, the risk of title annexation does exist...

Nigeria Transport

SK

Streamsowers & Kohn

Warranty And Indemnity Insurance In Nigerian Mergers And Acquisitions – Navigating Complexity, Re-Allocating Risk, And Unlocking Value At Exit

Mergers and Acquisitions (M&A) transactions in Nigeria - much like in other jurisdictions - involve complex negotiations and significant financial stakes.

Nigeria Insurance

UU

Udo Udoma & Belo-Osagie

Underwriting Risk Commitments And Registration Requirements

Nigeria Commercial

TA

Tope Adebayo LP

How To Set Up An Insurtech Company In Nigeria

Do you want to set up and Insurtech company in Nigeria? Then this article has detailed the basics that will make that possible for you. Before going deeply into them, we would take a sneak peak to discover what...

Nigeria Insurance

SL

Scott's Legal

Tax Implications Of Workforce Engagement Forms In Nigeria – A Guide For Local And Foreign Employers

Labour is often deemed as the engine that drives the production wheel of a business organisation. In Nigeria, where a diverse and dynamic workforce propels various sectors...

Nigeria Employment

Ai

Andersen in Nigeria

Updated Review Of Maximum Deposit Insurance Coverage Level By Nigeria Deposit Insurance Corporation (NDIC)

The Nigeria Deposit Insurance Corporation (NDIC) was established as a government corporation responsible for the protection of the deposits of customers of banks...

Nigeria Insurance

KA

Kalepron Attorneys

Building Financial Resilience: Strategies For Nigerian Families

A typical family may experience financial strains due to the prevailing unfavourable economic indices – high inflation, unemployment, exchange rate and other factors.

Nigeria Finance

Ai

Andersen in Nigeria

TAT Rules That Insurance Companies Are Subject To Excess Dividend Tax Rule In CITA

Nigeria Insurance

KN

KPMG Nigeria

Innovating Finance: How IP Insurance Can Transform Nigerian Innovative Startups.

TA

Tope Adebayo LP

Review Of Employee Benefits In Nigeria

Nigeria Employment

PL

Pavestones Legal

Offences And Penalties Under The Stamp Duties Act

SP

SimmonsCooper Partners

Breaking Data Silos - Overcoming The Paradox Of Analytics

Nigeria Insurance

BDO

An Overview Of Micro Insurance In Nigeria: A Legal Perspective

Nigeria Insurance

SA

S.P.A. Ajibade & Co.

Implementation Of Universal Healthcare Coverage

Nigeria Healthcare

W

WTW

How To Handle Insurance Claims Dispute In Nigeria: Tips For Policy Holders

Nigeria Insurance

TT

The Trusted Advisors

The Costly Consequences Of Inelegant Drafting

Nigeria Litigation

SA

S.P.A. Ajibade & Co.

Employers Are Now Mandatorily Required To Provide Health Insurance?

Nigeria Insurance

UU

Udo Udoma & Belo-Osagie

How To Obtain An Insurance Web Aggregator Operating License In Nigeria

Nigeria Insurance

TT

The Trusted Advisors

How To Make An Insurance Claim In Nigeria

Nigeria Insurance

TT

The Trusted Advisors

Nigeria Technology

BI

Banwo & Ighodalo

An Overview Of Barge Operations In Nigeria

Nigeria Transport

DA

Dentons ACAS-Law

Examining NAICOM's Circular On Tenure Limit For Executive Directors And Its Implications For The Insurance Industry

Nigeria Insurance

A

AELEX

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