Reinsurance gap opens door for new operator

Reinsurance gap opens door for new operator

The reinsurance capacity in Nigeria may soon receive a boost, if plans to secure a new license from the industry regulator, the National Insurance Commission (NAICOM) by a group of investors scale through. For now, there are only two licensed reinsurance firms operating in the country: Nigeria Reinsurance Corporation (Nig Re) and Continental Reinsurance Plc,…

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