Guinea Insurance exceeds NAICOM’s N15bn capital threshold

Key points Main story Guinea Insurance Plc says it has exceeded the National Insurance Commission’s (NAICOM) N15 billion minimum capital requirement for non-life insurers following the completion of its recapitalisation programme. The insurer said it raised about N12.6 billion through a hybrid capital raising exercise comprising a rights issue and a private placement, with both … Continue reading Guinea Insurance exceeds NAICOM’s N15bn capital threshold