NAICOM: Seven Additional Insurers Have Met Recapitalisation Deadline

 

  • emPLE General Insurance Limited
  • emPLE Life Assurance Limited
  • Sovereign Trust Insurance Plc
  • Tangerine Life Insurance Limited
  • Alliance & General Insurance Plc
  • Guinea Insurance Plc
  • Regency Alliance Insurance Plc

With this development, forty-eight (48) insurance companies and two (2) reinsurance companies have been confirmed and verified as compliant with the Minimum Capital Requirements stipulated under NIIRA 2025 and applicable insurance laws and guidelines issued by the Commission, thereby bringing the Nigerian insurance industry recapitalisation exercise to a successful conclusion.

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