Business

Emir Charges Insurers To Meet Obligations Adequately

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The Emir of Kano, Alhaji Aminu Ado Bayero has urged the National Insurance Commission (NAICOM) to ensure insurance obligations are adequately met by the insurers, especially when the need to pay claims arises.

The Emir, who gave this charge when the Management of NAICOM led by the Commissioner for Insurance, Olorundare Sunday Thomas paid a courtesy visit to the Emir’s Palace in Kano on Tuesday, also urged Nigerians to embrace insurance as a way of relieving loss, especially in businesses and property loss.

He reiterated that insurance is an important aspect of human life as extensive research has shown that insurance is not conflicting with religious belief, especially with the coming of Takaful insurance.

The Emir equally commended the leadership of the Commission for the giant strides and efforts in developing the Nigerian insurance market.

He further thanked the Commission for the visit and promised to support insurance deepening in the country, even as he assured that he would consider the invitation to the National Insurance Conference and will personally attend the conference.

The Commissioner thanked the royal father for the warm reception and his acceptance to personally attend the National Insurance Conference scheduled for October 22 – 24, 2023, in Abuja.

The Commission thereafter named the Emir Aminu Ado Bayero as Royal Ambassador for Insurance in the country and commended his style of leadership since his takeover of the throne.

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