New guideline streamlines capital requirement for microinsurance business

by | January 17, 2018 12:45 am

A revised guideline that will probably set the stage for take-off of micro insurance business in Nigeria has been released by the National Insurance Commission (NAICOM). This is setting us approved minimum capital requirement for licensing of microinsurer. Micro insurance is the big deal being expected to deepen penetration of insurance in Nigeria, by reaching the…

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