Statute

Nigerian Insurance Industry Reform Act 2025

Year: 2025
Jurisdiction: federal
Status: in_force

The Nigerian Insurance Industry Reform Act 2025 (NIIRA) establishes a consolidated legal and regulatory framework for the licensing, regulation, operation, and supervision of all classes of insurance business in Nigeria. It repeals the Insurance Act 2003, Marine Insurance Act 1961, Motor Vehicles (Third Party Insurance)…

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