recapitalisation

Lasaco beats NAICOM’s recapitalisation deadline

Lasaco beats NAICOM’s recapitalisation deadline

Lasaco Assurance Plc, under the new leadership of Chief Teju Philips, has scaled the first hurdle of the recapitalisation exercise for insurance and reinsurance companies announced by the National Insurance Commission, NAICOM, to strengthen the financial bases of underwriters.