Majority of insurance companies meet GH¢50m capital requirement – NIC boss

NIC gives a 1st January deadline for insurance firms to meet their minimum capital requirement NIC to revoke licenses of insurers that fail to recapitalise by December 31st, 2021 The new insurance act takes care of policyholders whose companies fail to recapitalise The National Insurance Commission has applauded some insurance companies for meeting the deadline for the minimum capital requirement of GH¢50 million cedis.

Dec 13, 2021 - 11:30
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Majority of insurance companies meet GH¢50m capital requirement – NIC boss
NIC gives a 1st January deadline for insurance firms to meet their minimum capital requirement NIC to revoke licenses of insurers that fail to recapitalise by December 31st, 2021 The new insurance act takes care of policyholders whose companies fail to recapitalise The National Insurance Commission has applauded some insurance companies for meeting the deadline for the minimum capital requirement of GH¢50 million cedis.