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Home Tag recapitalisation requirement

Tag: recapitalisation requirement

NAICOM, Recapitalisation: 44 firms get NAICOM’s nod , NAICOM boss makes case for recapitalisation, insists the exercise will solidify insurance sector , NAICOM extends recapitalisation deadline for insurance companies to meet new capital base, Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement, Insurance: Recapitalisation exercise sets consolidation in motion, Insurance firms are reportedly selling off assets to meet NAICOM’s recapitalisation deadline, Insurance: NAICOM mulls extension of recapitalization exercise

Due to lack of ‘process’, NAICOM says no insurance firm has met recapitalisation requirement

by Emmanuel Abara Benson

January 7, 2020

NAICOM disclosed yesterday that no single insurance company in the country has technically met the financial requirement it set forth.

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