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Emerging Markets

NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement

Nairametrics · 1h ago · 🇳🇬 Nigeria

NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement

The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc and appointed a receiver/provisional liquidator to take control of the company following its failure to meet the new minimum capital requirement for non-life insurers. The post NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement appeared first on Nairametrics .

Read the full story at Nairametrics →

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