Recapitalisation: NAICOM, Insurers Mull Risk Based, Increased Capital

Independentng | 26-09-2024 06:24pm |

Against the backdrop of financial sound­ness of insurance and reinsurance companies in Nigeria, the National In­surance Commission (NAICOM), the sector’s regulatory body may deploy the much touted Risk Based Supervision (RBS) and Risk Based Capital (RBC) to arrive at the appropriate capital base for individual operators in the sector. This is as the reformed insurance [...]

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