Tag: FG pegs capital base of mega insurance firms at N15bn

Insurance

FG pegs capital base of mega insurance firms at N15bn

Leave a comment and share Chuks Udo Okonta The Federal Government through the National Insurance Commission (NAICOM) has introduced a 3-tier recapitalisation exercise for the insurance industry which will see new composite insurance firms jack their capital from N5 billion to N15 billion comes January 1, 2019. To this end, […]