Tag
INSURANCE
NAICOM disclosed yesterday that no single insurance company in the country has technically met the financial requirement it set forth.
In May 2019, NAICOM re-introduced the previously suspended recapitalization exercise albeit with more stringent capital requirements.
SEC has declared its support for insurance firms seeking to take advantage of long term investments in the capital market. #SEC #NSIA #RECAPITALISATION
Insurance recapitalisation is counterproductive. #MUTUALBENEFIT #NAICOM
The Director, Policy & Regulation, Directorate of the National Insurance Commission (NAICOM), Pius Agboola, has hinted that Insurance Companies would no longer be allowed to borrow for recapitalization.
Following the slight decline of MFB's bad loans recorded last year, the CBN has warned banks to not enforce insurers on borrowers.
French multinational insurance firm, AXA, the parent company of Nigerian insurance firm, AXA Mansard, has signed a global partnership with English Premier League (EPL) club, Liverpool.
Insurance operators in Nigeria have been blamed for the National Insurance Commission's (NAICOM) failure to meet its projection of N1 trillion, with NAICOM admonishing the insurance operators for their irrational behaviour.
With a lot of insurers having low solvency capital, we anticipate several corporate actions.
Insurance is one of those things Nigerians don’t like to hear at all. When you talk about insurance,...
“An element of risk or chance pervades human life”. Spencer L. Kimball, Cases and Materials on Insurance Law...