Universal Insurance’s N7.1bn rescue deal collides with licence revocation

Universal Insurance’s operating licence has been revoked by NAICOM due to capital shortfalls, jeopardising a N7.1bn rescue deal. Learn more about the Unive

The Briefing Africa

August 20, 2026 · 00:15 · 5 min read

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Universal Insurance’s operating licence has been revoked by NAICOM due to capital shortfalls, jeopardising a N7.1bn rescue deal. Learn more about the Unive

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Universal Insurance’s N7.1bn rescue deal collides with licence revocation