Cornerstone Insurance, FINInsurance meet NIIRA 2025 recapitalisation requirement
By Rosemary Iwunze Cornerstone Insurance Plc and its subsidiary, FIN Insurance Company Limited, have been recognised by the National Insurance Commission, NAICOM, among insurance companies that have fulfilled the recapitalisation requirement under the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025).“We are pleased that Cornerstone Insurance Plc and FIN Insurance Company Limited have fulfilled the recapitalisation requirements under the Nigerian Insurance Industry Reform Act 2025.
The announcement by NAICOM marks a significant milestone for the Cornerstone Group, reinforcing its financial capacity and commitment to providing dependable insurance solutions to its customers while positioning the Group’s businesses for sustainable growth in Nigeria’s evolving insurance industry.
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