Tag: National Insurance Commission
Nigeria's insurance regulator, National Insurance Commission (NAICOM) says its companies must submit their recapitalisation plans before the 20th of August this month. To discuss the expected impact of the recapitalisation exercise, Tajudeen Ibrahim, Vice President and Head of Research at Chapel Hill Denham joins CNBC Africa for more.
Ghana’s National Insurance Commission has opted for a risk-based minimum capital regime for insurance companies in the country. Andrew Fiifi Simpson, CEO of GN Life Insurance joins CNBC Africa to discuss the expected impact on the sector.
Nigeria’s National Insurance Commission has given insurers a 13-month ultimatum to recapitalise or lose their licences. Chinedu Ezomike, Partner and Head of Commercial Practice Group at Andersen Tax Nigeria join CNBC Africa to discuss the implication of this development for the sector.
In addition to the recapitalisation move by Nigeria’s National Insurance Commission, the commission also plans to categorize insurance companies into tiers. Gboyega Olanbiwoninu, Head, Insurance Group at Lagos Chamber of Commerce and Industry joins CNBC Africa to discuss this development.