Insurance & Pension Latest News

NAICOM Announces 3-Tier Recapitalisation Regime For Insurance Firms

The National Insurance Commission (NAICOM) has introduced a three -tier based recapitalization regime for Nigeria’s insurance industry. The initiative is part of  the regulatory institution’s  efforts to strengthen operating entities and through optimal capitalization,stabilize the nation’s financial system. The Commissioner for Insurance, Alhaji Mohammed Kari, while speaking at the unveiling of the new recapitalization regime […]