Tag: Why Tier-Based regime ll begin by October 1 – NAICOM

Insurance

Why Tier-Based regime ll begin by October 1 – NAICOM

The National Insurance Commission (NAICOM) says it has resolved to commenced implementation of the Tier-Based Marginal Solvency Capital (TBMSC) regime by October 1, 2018, to enable underwriters seal reinsurance treaties in line with the new policy. Inspenonline reliably gathered that the new date was picked because most underwriting firms will […]