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NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement

The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc and appointed a receiver/provisional liquidator to take control of the compa

Kelechi MgbojiAugust 19, 20261 min read
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The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc and appointed a receiver/provisional liquidator to take control of the company following its failure to meet the new minimum capital requirement for non-life insurers.

The post NAICOM revokes Universal Insurance licence over failure to meet recapitalisation requirement appeared first on Nairametrics.

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