Why NAICOM changed recapitalization deadline

The National Insurance Commission (NAICOM) on Friday confirmed backdating the insurance companies Tier-based recapitalisation commencement date to Oct. 1, as against January 1, 2019 it earlier announced. Mr Rasaaq Salami, […]

Effect of low solvency on insurance companies’ returns

THE inability of underwriting firms operating in the insurance industry to submit quarterly returns to the regulatory authorities may be linked to the low solvency gaps which are recurring features […]