By Innocent Anaba The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory Minimum Capital Requirement, MCR, and appointed Dr. Muiz Banire, SAN, as Receiver/Provisional Liquidator to wind up the company’s affairs.The appointment took effect on August 3, 2026, following the cancellation of the […]

By Innocent Anaba The National Insurance Commission, NAICOM, has revoked the operating licence of Nigeria Reinsurance Corporation over its failure to meet the statutory Minimum…

NAICOM has revoked Nigeria Reinsurance Corporation's licence due to capital non-compliance, appointing Dr. Muiz Banire SAN as liquidator to wind up its aff