The National Insurance Commission has announced the suspension of the implementation of its Tier-based Minimum Solvency Capital policy, otherwise known as the recapitalisation of the industry. The commission stated this in a circular to all insurance institutions entitled, ‘Update on the implementation of the Tier-based Minimum Solvency Capital policy for insurance companies in Nigeria’, which…
The post NAICOM suspends insurance firms’ recapitalisation appeared first on naija-news.com.
from naija-news.com https://ift.tt/2P7HreN
via IFTTT