Home / Uncategorized / We will not back down on recapitalization drive – Insurance Commission

We will not back down on recapitalization drive – Insurance Commission

The National Insurance Commission (NIC) says 95 percent of insurance companies have submitted their plans to recapitalise their operations.

This follows an August 30th, 2019 deadline set by the NIC for the insurance industry to present their plans following the increment in the minimum capital requirement for insurance companies.

Insurance Commissioner, Justice Yaw Ofori has denied any attempts by the Finance Minister to influence ongoing reforms in the insurance industry.

by: Naa Anyema

About Adoa News

Check Also

Military men rampage Wa Township over missing phone

BY: Nurudeen Ibrahim About sixty (60) military officers have invaded the Wa township in Upper …

Leave a Reply

Your email address will not be published. Required fields are marked *