{
  "id": 6548810,
  "title": "NAICOM, NCAA partner to strengthen aviation insurance oversight",
  "url": "https://urgent.news/2026/09/10/naicom-ncaa-partner-to-strengthen-aviation-insurance-oversight",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T06:12:12.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/09/10/naicom-ncaa-partner-to-strengthen-aviation-insurance-oversight/"
  },
  "original_language": "en",
  "account": "The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA) have joined forces to bolster regulatory oversight and enhance compliance with aviation insurance mandates throughout Nigeria's aviation industry. The Memorandum of Understanding (MoU) was signed on Wednesday by Capt. Chris Najomo, Director-General of Civil Aviation, and Olusegun Ayo Omosehin, Commissioner for Insurance at NCAA. This agreement comes on the heels of the completion of Nigeria's insurance industry recapitalization program under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Najomo highlighted that the MoU aims to bolster aviation safety, financial resilience, and regulatory adherence, while emphasizing the role of aviation insurance in protecting lives, property, businesses, and the economy. The partnership, forged following extensive collaboration between NCAA and NAICOM, particularly focused on evaluating the sufficiency and validity of insurance policies held by aviation operators, aligns with the provisions of the Nigeria Civil Aviation Regulations (Nig. CARs) 2023. NAICOM's Commissioner for Insurance, Olusegun Omosehin, underscored the MoU as a significant milestone in fortifying the safety, sustainability, and integrity of Nigeria's aviation sector.",
  "summary": "The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA) have signed a Memorandum of Understanding (MoU) aimed at strengthening regulatory oversight and improving compliance with aviation insurance requirements across Nigeria’s aviation sector. The post NAICOM, NCAA partner to strengthen aviation insurance oversight appeared first on Nairametrics .",
  "key_points": [
    "NAICOM and NCAA sign MoU to strengthen aviation insurance oversight.",
    "Collaboration focuses on evaluating insurance policies of aviation operators.",
    "Agreement aligns with Nigeria Civil Aviation Regulations (Nig. CARs) 2023."
  ],
  "editors_take": "The NAICOM and NCAA partnership strengthens regulatory oversight, enhances aviation insurance compliance, and bolsters aviation safety, financial resilience, and regulatory adherence in Nigeria's aviation industry.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}