
Recapitalisation: NIA Urges Operators On Use Of Extension
The Nigerian Insurers Association (NIA) has urged insurers to take advantage of the recapitalisation extension recently announced by the National Insurance Commission (NAICOM) to prepare well for the exercise.
The Director General of NIA, Mrs. Yetunde Ilori, who made this appeal in a statement while commenting on recent developments on the sector’s recapitalisation initiative noted that by the extension, some of the initial challenges thrown up by the first date have been addressed hence, operators now have sufficient time to comply with the directive instead of having to go into the exercise without adequate preparation and diligent execution.
Ilori added …