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NAICOM Restates Deadline For Financial Accts Reports Submission Slated for June 3rd

The National Insurance Commission (NAICOM) has reminded insurance companies of the deadline for the submission of 2017 financial accounts which expires June 30, 2018, in line with existing regulations.

 

In a statement signed by the NAICOM Head of Corporate Affairs, Rasaq Salami said it said following the deadline which remains two clear months to elapse, no insurance company has been sanctioned for failure to comply until after the expiry.

 

NAICOM said the explanation and reminder  became necessary against the backdrop of recent reports which suggested that the Commission had sanctioned 14 insurance companies for failure to submit their respective 2017 financial reports.

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