Naicom To Withdraw Insurance Licenses Over Capitalization Status

3 Hour(s) Ago    👁 35
naicom to withdraw insurance licenses over capitalization status

Constitutes recapitalisation committee

Following the signing into law of the Nigerian Insurance Industry Reform Act NIIRA 2025, the National Insurance Commission, NAICOM, has been mandated to cancel registration of any insurance or reinsurance firm that fails to recapitalise within one year.

Disclaimer: We are a news aggregator. See full disclaimer here.