News Africa04 Aug 2026

Nigeria:Regulator reveals outcome of insurance industry's recapitalisation exercise

| 04 Aug 2026

The National Insurance Commission (NAICOM) has announced that the verified outcome of a recapitalisation exercise in the insurance industry indicates that 43 insurance and reinsurance companies successfully met prescribed Minimum Capital Requirements (MCR) by the statutory deadline of 31 July 2026.

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