Some insurance companies are already initiating the process of recapitalising their minimum capital to N10 billion and N15 billion for life non-life operators respectively, LEADERSHIP can now reveal.
LEADERSHIP had earlier reported that some underwriters have embarked on self-recapitalisation exercise in a move to move ahead of the industry.
From investigation, by 2025, the insurance industry will undergo a fresh recapitalisation exercise , after the Senate passed the Consolidated…
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