Home Business Insurance World FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License
Insurance World

FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License

Share
Share

Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun Ayo Omosehin, at the presentation.

 

FIN Insurance Company Limited has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

This achievement represents far more than regulatory compliance. It reflects the strength of our institution, the confidence of our shareholders, and our unwavering commitment to building a resilient, well-capitalized insurance company that is positioned for sustainable growth and long-term value creation.

Share
Related Articles

CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation

CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has...

Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base

Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving...

NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit

BY NKECHI NAECHE-ESEZOBOR—For not meeting  the statutory Minimum Capital Requirement as stipulated...

Cornerstone Insurance, FIN Insurance NIIRA 2025 Recapitalisation Requirement

L-R: Managing Director/Chief Executive Officer of Cornerstone Insurance Plc, Mr. Stephen Alangbo;...