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The newly elected President of the Institute of Loss Adjusters of Nigeria (ILAN), Mr. Ikechukwu Udobi, has pledged to reposition the Institute for greater relevance and sustainability through an ambitious reform agenda anchored on innovation, financial discipline, and strategic leadership succession. In his maiden address after assuming office, Mr. Udobi…

he Institute of Loss Adjusters of Nigeria (ILAN) President, Mr. Ike Udobi, and the President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Barr. (Mrs.) Ekeoma Ezeibe, were in attendance at the Public Hearing on the Repeal of the National Insurance Commission (NAICOM) Act 1997 and Enactment of the…

The Institute of Loss Adjusters of Nigeria has announced an upward review of its professional fees effective 1 January 2026. This was stated by the President of the Institute of Loss Adjusters of Nigeria, Ikechukwu Udobi, during a press briefing in Lagos, indicating that the review followed engagement with stakeholders…

• Anxiety over possible forced merger, acquisition • Structural legacy challenges confine insurance adoption to less than 1% • Regulatory focus shifts to governance, trust building • 23 to operate as non-life insurers, 10 life A regulatory axe is still hanging over at least 10 insurers that have yet to complete capital…