43 Insurers Meet New Capital Requirement, 8 Under Review

NAICOM announces that 43 insurance and reinsurance companies have met new minimum capital requirements after a 12-month recapitalisation exercise.

By Oluwakemi Kindness Forty-three insurance and reinsurance companies have met the new minimum capital requirements set by the National Insurance Commission (NAICOM) following the completion of the sector’s 12-month recapitalisation exercise. The Commission disclosed this in a statement on Sunday, saying eight other insurance companies that submitted evidence of compliance shortly before the statutory deadline […]

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