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Odujinrin & Adefulu

Nigerian Insurance Reform 2024: What is New? Part 2

The Nigerian Insurance Reform Bill 2024, now awaiting presidential assent, marks a major step forward for the sector. It aims to modernize the legal framework and strengthen the industry’s role in driving economic growth. In Part 2 of the Insurance Reform Bill Series, we highlight the proposed capital composition requirements for new and existing insurance companies.

Nigerian Insurance Reform Bill 2024 What is New Part 2