Top rated Insurance company, LASACO Assurance Plc has, against all odds, met NICOM’S December 31st deadline given to underwriters to recapitalize. The nation’s insurance regulatory body (NICOM), mandated insurance companies operating in the country to recapitalize so as to ensure a healthy and robust operations of the insurance industry. The Lagos State Assurance Company, (LASACO) was able to beat the deadline for recapitalization, following the injection of a whopping N3.5BILLION into the industry by Lagos State government. The cheering news was greeted with loud ovations among the shareholders who believe…
Read MoreLASACO MEETS NICOM DEADLINE FOR RECAPITALISATION
