NAICOM withdraws circular on tier based solvency capital policy


Pursuant to the powers conferred by the enabling laws, the National Insurance Commission on Friday withdrew and cancelled the circular dated August 27, 2018 with reference number
NAICOM/DAPCIR/14/2018 and titled Tier Based Solvency Capital Policy for Insurance Companies in Nigeria.

statement signed by the Director, Policy and Regulation, Agboola Pius in Abuja said: “This
withdrawal and cancellation takes immediate effect.”

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