Capital inadequacy triggers M&A in insurance sector: Pressure - TopicsExpress

Capital inadequacy triggers M&A in insurance sector: Pressure arising from the need to meet the capital adequacy stipulations of the National Insurance Commission (NAICOM) is forcing insurance firms to embrace mergers and acquisitions as the best survival option, due to difficulty in raising funds from the capital market. BusinessDay investigations show that the only viable option for some of the firms, […]

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