NAICOM okays 26 insurance firms’ recapitalisation plans
The National Insurance Commission (NAICOM) has approved the recapitalisation work plans of 26 insurance companies trying to raise more funds ...
Thursday, March 5, 2026
Tag: recapitalisation
Linkage Assurance to raise additional capital in compliance with NAICOM’s directive
Linkage Assurance Plc., has indicated that the company is looking to beef up its capital base in a move that ...
Quoted insurance firms seek N142.13bn capital raise
Twenty four out of the 25 listed insurance companies in Nigeria require the sum of N142.13 billion to meet the ...
Foreign investors acquiring insurance firms over recapitalisation
Many indigenous underwriting firms have been taken over by foreign investors since the last recapitalisation that took place in the ...
NAICOM says insurance companies cannot take loans for recapitalisation
The National Insurance Commission (NAICOM) says insurance companies cannot take loans to meet the newly introduced capitalisation requirement. Speaking on ...
New capitalisation rules set to hand over insurance sector to foreign investors
The new minimum capitalisation policy for insurance companies set by the the National Insurance Commission (NAICOM), and the lackadaisical attitude ...
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