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Nigerian Insurance Commission Warns Insurers Ahead of Recapitalization Deadline

Nigeria's National Insurance Commission (NAICOM) has issued a warning to insurance operators, emphasizing the mandatory July 31 recapitalization deadline and urging compliance.

17 Jul, 19:51 — 17 Jul, 19:51
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vanguard-ngMixed28d ago

NAICOM warns insurers ahead of July 31 recapitalisation deadline

By Rosemary Iwunze The National Insurance Commission (NAICOM) has warned insurance operators that the July 31 recapitalisation deadline is mandatory, urging companies yet to meet the new minimum capital requirements to act with urgency. The Commissioner for Insurance and Chief Executive Officer of NAICOM, Mr. Olusegun Ayo Omosehin, gave the warning on Friday at the […] The post NAICOM warns insurers ahead of July 31 recapitalisation deadline appeared first on Vanguard News.

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