NAICOM Cancels SAI and Niger Insurance operating certificates

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The  National Insurance Commission is hereby notify all insurance stakeholders and members of the public that the certificates of registration of Standard Alliance Insurance (SAI) Plc with RIC – 091 and Niger Insurance Plc with RIC – 029 has been with drawn.

http://www.amehnews.com

In a statement sent to The Ameh News (TAN) and endorsed by ‘Rasaaq ‘Salami
Head, Corporate Communications and Market Development of the commission says NAICOM has CANCELLED the certificates of registration of Standard Alliance Insurance (SAI) Plc with RIC – 091 and Niger Insurance Plc with RIC – 029 with effect from the 21st day of June, 2022.

Consequently, he said the Commission has appointed Sanya, Ogunkuade Esq of Plot 217, Upper Grace Plaza, 3rd Floor (Left Wing), Shetima Munguno Crescent, Behind Julius Berger Equipment Yard, Utako, Abuja as the Receiver/Liquidator for Niger Insurance Plc and, Kehinde Aina Esq of Aina Blankson LP, 5/7, Ademola Street, SW Ikoyi, Lagos as the Receiver/Liquidator for Standard Alliance Insurance(SAI) Plc.

http://www.naicom.gov.ng

The therefore advised all stakeholders to forward their enquiries to the respective Receiver/Liquidator for each company for their necessary action.

The Commission further assures all stakeholders of the safety and protection of their interests.


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