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Recapitalisation: 15 insurers verified, 9 still under review
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Recapitalisation: 15 insurers verified, 9 still under review
Fifteen insurance firms have successfully completed capital verification as part of the ongoing recapitalisation exercise. Nine additional firms are still under review by the National Insurance Commission (NAICOM).
BF
The Briefing Africa
May 7, 2026 · 17:23 · 5 min read
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Fifteen insurance firms have successfully completed capital verification as part of the ongoing recapitalisation exercise. Nine additional firms are still under review by the National Insurance Commission (NAICOM).
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The recapitalisation initiative aims to strengthen the insurance sector in Nigeria, ensuring that firms meet the required capital thresholds to enhance their operational capacity and financial stability.