Compulsory travel insurance for foreign visitors at a 20-baht premium each is expected to debut this year, according to the Office of the Insurance Commission (OIC). Foreign travellers will be ...

I recommended that the Legislature amend the insurance statutes to provide that the minimum liability and UM/UIM coverage for automobiles and all motor vehicles be increased to $100,000. The action of ...

By Henry Uche mercy4henryuc@gmail.com Following key reforms that kicked off in 2025, stakeholders in Nigeria’s insurance sector have highlighted the expansion of compulsory insurance, stricter ...