NAICOM To Enlighten Stakeholders On Recapitalization Roadmap, Oct 29

By LOVETH AZODO, Lagos

The National Insurance Commission (NAICOM) has said that the commission will be meeting with all stakeholders in a bid to adequately inform them on Insurance/reinsurance recapitalization roadmap.

According to a statement by the commission, “The session is being scheduled to hold on Tuesday, October 29, 2019 at the Civic Centre, Victoria Island, Lagos at 10am.

Ag. Commissioner for Insurance Olorundare Sunday Thomas will be on hand to welcome delegates of the different shareholders associations to the session.

It stated, “Further to the ongoing recapitalization exercise in the insurance sector and the need to provide adequate information to all stakeholders, the National Insurance Commission (NAICOM) is set to host an interactive session with shareholders associations with interest in insurance companies.”

“The Director, Policy and Regulations, who is also Chairman of the Committee on Recapitalization in the Commission Pius Agboola will address the session to bring the shareholders up to date with the recapitalization roadmap.”

“The session is being scheduled to hold on Tuesday, October 29, 2019 at the Civic Centre, Victoria Island, Lagos at 10am.

This is part of measures being taken by NAICOM to achieve a seamless recapitalization exercise to the benefit of all stakeholders,” it stated.