Insurance

Analysts fear more oil and gas risks will leave offshore in new Tier-based capital

by Modestus Anaesoronye

September 5, 2018 | 2:25 am
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If the October 1, 2018 implementation date for the Tier-based solvency capital recently announced by the National Insurance Commission (NAICOM) holds, the industry might lose larger share of the domestic oil and gas risks to offshore reinsurers, analysts have said. The arguments is based on the fact that if only about six insurance companies make…

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by Modestus Anaesoronye

September 5, 2018 | 2:25 am
  |     |     |   Start Conversation

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