Home » Photo news: NAICOM gives Sovereign Trust Insurance new licence after recapitalisation

Photo news: NAICOM gives Sovereign Trust Insurance new licence after recapitalisation

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From L-R: Mr. Ekerete Ola Gam-Ikom, Deputy Commissioner of Insurance, Technical Operations, NAICOM, Dr. Lucas Ayokunle Durojaiye-MD/CEO, Sovereign Trust Insurance Plc, Mr. Olusegun Ayo Omosehin, Commissioner for Insurance, National Insurance Commission and Dr. Usman Ankara Jimada, Deputy Commissioner, Finance and Administration, at the presentation ceremony of the new operating licence to Sovereign Trust Insurance Plc in line with the NIIRA 2025 recapitalization of insurance companies in Nigeria.

Sovereign Trust Insurance Plc has received a new operating licence from the National Insurance Commission (NAICOM) following its compliance with the recapitalisation requirements under the Nigeria Insurance Industry Reform Act (NIIRA) 2025.

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