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The National Insurance Commission (NAICOM) recently announced the upward review of the minimum paid-up share capital requirement of insurance and reinsurance companies. #NSEISF
The ongoing recapitalization and consolidation exercise is expected to significantly impact the industry and equally present new opportunities in M&A as well as private equity and public offerings. #NSEISF
The Nigerian Insurance industry has grown remarkably over the years, generating a Gross Premium Income (GPI) of ₦448.6 billion in 2018, reflecting a 12% growth from 2017.
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