Tag Archives: Insurance companies to submit recapitalisation plans by Friday

Companies operating within the insurance industry have up to Friday, 30th August 2019, to submit their recapitalization plans to the National Insurance Commission following the increment in the minimum capital requirement for insurance companies. The NIC increased the capital for insurance companies from GH¢15,000,000 to GH¢50 million and that of Reinsurance companies from GH¢40 million to GH¢125 million. That for ...

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