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National Insurance Commission

Sovereign Trust Insurance’s N10bn capital projection anchors it on tier-1 category

Sovereign Trust Insurance Plc has confirmed its resolve to play in the elite clued of insurance market in Nigeria following its declaration last week to push its capital base to the N10 billion threshold.

The  National Insurance Commission (NAICOM) is seeking the support of  Gombe State on Compulsory insurance  in its drive to woo state governments into advancing the course of insurance penetration in the country, the National Insurance Commission, NAICOM, has sought the support and collaboration of Gombe State government in the implementation of the Compulsory insurances.

In its effort to ensure effective compliance with the recent regulatory directive by the National Insurance Commission that all non executive directors who have served on the board of insurance companies for three tenures and above to retire, Guinea Insurance Plc has announced the retirement of its chairman and four directors; having served for over nine years on the board of the company.

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