Tag: NAICOM forecloses bailout for ailing firms

Insurance

NAICOM forecloses bailout for ailing firms

By Bankole Orimisan Following the financial crisis weighing down the fortunes of some insurance companies in Nigeria, the National Insurance Commission (NAICOM), the industry regulator has foreclosed the possibility of assisting them financially through a bailout to save it from collapse. The regulator said the insurance law did not make […]