Recapitalisation: Mandatory filing to assess insurers’ capital strength

    Modestus Aneasoronye | Editor’s picks | Sep 11, 2025    
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The National Insurance Commission (NAICOM) has released the guidelines for the Minimum Capital Requirement (MCR) of insurance and reinsurance companies, directing operators to submit their current compliance status on 2024 audited financial statements and second quarter (Q2) returns as at 30th June 2025 - in line with approved template.

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