Culled—Proshare September 14, 2018 By Adelanwa Bamgboye of Daily Trust A Federal High Court in Lagos on Thursday, ordered the National Insurance Commission (NIC) to stop the implementation of their proposed minimum solvency capital policy scheduled to take effect from Sept 14 pending the expiration of a 30 days pre-action […]
Insurance
Africa’s Insurance Industry is Poised for Further Growth – PwC Insurance Survey
September 4, 2018/PwC The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with technological advances now considered the most important global trend disrupting the industry. Despite the additional pressures of unrelenting regulatory […]
Shareholders Kick Against NAICOM’s New Recapitalisation Deadline
September 3, 2018/Punch Nike Popoola Shareholders in the insurance industry have rejected the change in the recapitalisation deadline given to underwriting firms to recapitalise from January 1, 2019 to October 1, 2018. Some of the shareholders, who spoke with our correspondent in separate interviews, said while they were not opposed […]
