NAICOM asks insurers to convert capital into capacity

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Nigeria's National Insurance Commission (NAICOM) has urged insurance companies to convert their recapitalised capital into stronger underwriting capacity and improve claims settlement speeds. This move aims to bolster the insurance sector's robustness.

NAICOM has challenged insurance firms to convert capital from the recapitalisation exercise into stronger underwriting capacity and faster claims settlemen Read More: https://punchng.com/naicom-asks-insurers-to-convert-capital-into-capacity/