NICON Head Office |
Chuks Udo Okonta
Five insurance companies are to pay about N21.6 million for
their failure to submit 2013 financial accounts, Inspen can report.
According to the National Insurance Commission (NAICOM) the
companies are: Alliance & General insurance; Alliance & General Life
Assurance; NICON Insurance Limited; Spring Life Assurance and Unic Insurance
Plc.
The amount was derived from the stipulated daily fine of N5,
000 for failure to submit accounts after June
30.
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