This was disclosed in a statement by NAICOM’s Commissioner for Insurance Directorate.
The announcement was made on Friday as NAICOM confirmed the names of the companies.
Today, Prestige Assurance predominantly provides accident and health insurance products and services.
Company’s shareholders now have the opportunity to increase their stake and position themselves for higher returns.
Insurance is a support service to a business that helps it manage her risks. While, it helps the business to manage her risk, insurance also promises...
There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.
Sovereign Trust Insurance Plc has blamed a supposed breakdown of its IT system for delaying the publication and release of its audited financial statement for FY 2019.
Aigboje Aig-Imoukhede, the chairman of WAPIC Insurance Plc has acquired more shares in the insurance firm.
Note that AXA Mansard Insurance Plc did not give any reason for the reason to divest from the said ventures.
AXA Mansard Insurance Plc is trying to downsize its business activities as part of efforts to review its growth strategy.