Nigeria:7 more insurers meet new minimum capital threshold, bringing compliant total to 50

By MEIR team | 16 Aug 2026

Nigeria Reinsurance Life & Health Property & Casualty

The National Insurance Commission (NAICOM) has confirmed that seven more insurance companies are fully compliant with the Minimum Capital Requirements (MCR) stipulated under the Insurance Industry Reform Act (NIIRA) 2025.

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