National Insurance Commission definition

National Insurance Commission means the National Insurance Commission established under the Insurance Act, 2006 (Act 724);
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National Insurance Commission means the National Insurance Commission, established pursuant to L. I. 1505 (1990);
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Examples of National Insurance Commission in a sentence

  • The Company is regulated by the National Insurance Commission (NAICOM) under the National Insurance Act of Nigeria.

  • Wilson (copy in author’s possession), September 8, 1994; Avis, Brewing Industry, p.

  • The consolidated and separate financial statements comply with the requirement of the Companies and Allied Matters Act CAP C20 LFN 2004, Insurance Act, CAP I17 LFN 2004, the Financial Reporting Council Act, 2011 and the Guidelines issued by the National Insurance Commission to the extent that they are not in conflict with the International Financial Reporting Standards (IFRS).

  • Information about significant areas of estimation uncertainty and critical judgements in applying accounting policies that have the most significant effect on the amounts recognised in the financial statements are described in Note 3 to the financial statements.(e)Regulatory authority and financial reporting The Company is regulated by the National Insurance Commission (NAICOM) under the National Insurance Act of Nigeria.

  • Additional information required by national regulations, the Company and Allied Matters Act CAP C20 Law of the Federation of Nigeria 2004, the Financial Reporting Council of Nigeria Act No. 6, 2011, Insurance Act 2003 and its interpretations issued by the National Insurance Commission in its Insurance Industry Policy Guidelines is included where appropriate.

  • These financial statements are also in compliance with Financial Reporting Council of Nigeria Act, Companies and Allied Matters Act of Nigeria, the Insurance Act of Nigeria and relevant National Insurance Commission (NAICOM) guidelines and circulars.

  • It is quite natural that countries may desire agreements in order to limit free riding, since a more healthy environment is a global public good.

  • The Company is regulated by the National Insurance Commission of Nigeria (NAICOM).

  • This was generally absent at the cluster and inter-cluster level and prevented partners from identifying who does what, where, when and how prior to the assessments.

  • The Group is regulated in Nigeria by the National Insurance Commission (NAICOM) under the National Insurance Act of Nigeria.

Related to National Insurance Commission

  • Insurance Commissioner means the Insurance Commissioner

  • the Commissioners means the Commissioners for Her Majesty’s Revenue and Customs;

  • Commissioners means the board of county commissioners.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Insurance Regulator any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Additional Insureds has the meaning specified in Section 7.06(a) of the Indenture.

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Finance commission means the Finance Commission of Texas.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Revenue Commissioners means the Revenue Commissioners of Ireland;

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Educational institutions means schools and suchlike institutions;

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • insurance broker means an insurance brokerage firm,

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Flood Insurance Regulations means (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 (amending 42 USC 4001, et seq.), as the same may be amended or recodified from time to time, and (iv) the Flood Insurance Reform Act of 2004 and any regulations promulgated thereunder.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Health insurance carrier or "carrier" means any entity subject to the insurance