Experts propose 10-year recapitalisation roadmap for insurance industry
An expert has proposed a 10-year recapitalisation roadmap for the insurance industry that will enable life insurance companies raise their capital to N20 billion; general operators N30 billion, and composite firms N50 billion. Adebayo Adeleke, managing director, Lancelot Ventures Limited, who is also a shareholder in many insurance firms, stated this at the third…