Insurance Firms Begin Self-prescribed Recapitalisation As Minimum Capital Controversy Rages

Leadership | 19-08-2024 07:56pm |

As controversy continues to trail the expected minimum capital for operators in insurance industry in future recapitalisation exercise, more than 70 per cent of insurance companies in the country are currently observing self-recapitalisation, LEADERSHIP can exclusively reveal. Currently, the industry is still operating with a minimum capital of N2 billion for Life Insurance company; N3 [...]

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