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insurance recapitalization in nigeria

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Insurance World

Nigeria: At Least 20 Insurers Have Won Shareholders’ Nod To Recapitalise

At least 20 insurance companies have secured the approval of their respective shareholders to proceed with their recapitalisation plans. The amount of capital...

Insurance World

Nigeria: Forced Mergers of Weak Insurers Deemed Unworkable

Nigeria’s insurance regulator, the National Insurance Commission (NAICOM), has said that it may require insurance companies struggling to meet higher capital requirements to...

Insurance World

Nigeria: Number of insurers forecast to shrink by more than half

The number of insurance companies in Nigeria is forecast to shrink from 59 to around 25 by June next year when insurers have...

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