Insurers need additional capital of N291bn to cover shortfalls

September 9, 2019

Takaful: Let those who have the licence play up the market

Based on estimates by Chapel Hill Denham Limited, existing companies with capital shortfalls will require additional capital of over N291 billion ($ 810 million), to meet regulator’s new minimum capital requirements. The investment house used the latest financial statement of 41 out of 51 insuran

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