Insurance recapitalisation closes solvency gaps, deepens market stability
Insurance recapitalisation closes solvency gaps, deepens market stability By Taiye Olayemi The insurance industry is addressing long-standing solvency and capacity gaps through phased recapitalisation, a reform designed to strengthen underwriting capacity, restore public confidence and support broader economic growth. Operators say the Nigerian Insurance Industry Reform Act (NIIRA) 2025 provides a gradual transition that enables insurers News Agency of Nigeria
Insurance recapitalisation closes solvency gaps, deepens market stability
By Taiye Olayemi The insurance industry is addressing long-standing solvency and capacity gaps through phased recapitalisation, a reform designed to strengthen underwriting capacity, restore public confidence and support broader economic growth. Operators say the Nigerian Insurance Industry Reform Act (NIIRA) 2025 provides a gradual transition that enables insurers
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