Nigeria:Lawmakers direct insurance regulator to postpone recapitalisation deadline

14 Dec 2020

Nigeria Reinsurance Life & Health Regulation Property & Casualty

The House of Representatives has directed the National Insurance Commission (NAICOM) to suspend the planned 31 December 2020 deadline for the first phase of a recapitalisation exercise by insurers. The House said the suspension should last for six months till June 2021.

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