Liquidity crisis rocks insurance industry as cash-strapped firms default in claim payments

By AYOOLA OLAOLUWA Palpable fear has gripped customers of ailing insurance firms across the country, following rising cases of non-payment of claims to policyholders at the expiration of their tenured policies. It would be recalled that the Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Sunday Thomas, had in February 2019, expressed concern over the … Continue reading Liquidity crisis rocks insurance industry as cash-strapped firms default in claim payments