Recapitalisation: Six insurance companies set to merge
In order to meet the new regulatory requirement set by NAICOM, six insurance companies have made known their plans to ...
Tag: National Insurance Commission (NAICOM)
Insurance recapitalisation, greatest deservice to industry- Mutual Benefit boss
Insurance recapitalisation is counterproductive. #MUTUALBENEFIT #NAICOM
NAICOM wants to integrate all insurance transactions into an online portal, here’s whyÂ
The acting Commissioner of the National Insurance Commission (NAICOM), Sunday Thomas has announced the launch of a portal that will integrate all insurance ...
Verod Capital acquires Metropolitan Life Insurance
South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)
NSE: Stakeholders call for more local investors participation
Stakeholders in the Nigerian capital market have urged domestic investors, who left the market after the 2008/09 near-crash, to return.
Wapic Insurance seeks NSE’s approval to list 15.6 billion rights issueÂ
Wapic Insurance Plc seeks approval to list a Rights Issue of 15,613,194,623 ordinary shares of N0.50 each at N0.38 per share.
AIICO Insurance to increase share capital by 80%Â
The Board of Directors and the Management AIICO Plc have sought the shareholders’ consideration of the company’s share capital raise ...
Takaful Insurance: Two other firms get NAICOM’s nod
Two takaful firms have been granted provisional approval by the National Insurance Commission (NAICOM)to run their operations in Nigeria.
Recapitalisation: Insurance companies meet NAICOM blueprint deadline
The National Insurance Commission’s (NAICOM) deadline for submission of recapitalisation plan has been met by several Insurance companies.
Nigerian insurers may lose $6.8 billion of Dangote Refinery’s underwriting business
Dangote Refinery, which has insured value estimated at $6.8 billion, is likely to be taken over by foreign insurers when ...
