Universal Insurance Sues NAICOM over Licence Revocation

Universal Insurance sues NAICOM over licence revocation

Universal Insurance Plc has taken the National Insurance Commission to court, seeking to overturn the regulator’s cancellation of its operating licence and the appointment of a receiver/provisional liquidator. The insurer disclosed the legal action in a notice filed with the Nigerian Exchange on Tuesday and signed by its company secretary, Chinedu Onyilimba. The Federal High Read More: https://punchng.com/universal-insurance-sues-naicom-over-lic…

Universal Insurance Sues NAICOM Over Licence Revocation, Receivership

By Adedapo Adesanya Universal Insurance Plc has approached the court, suing the National Insurance Commission over the revocation of its operating licence and the appointment of a receiver/provisional liquidator. The insurer disclosed the legal action in a notice filed with the Nigerian Exchange (NGX) yesterday and signed by its company secretary, Mr Chinedu Onyilimba. The […]

Universal Insurance Gets Court Leave To Challenge NAICOM Licence Revocation

Universal Insurance Plc has commenced legal action against the National Insurance Commission (NAICOM) following the revocation of its operating licence, with...

Universal Insurance drags NAICOM to court, secures leave to challenge licence revocation

Universal Insurance Plc has commenced legal action against the National Insurance Commission (NAICOM) following the revocation of its operating licence, with a Federal High Court in Lagos granting the insurer leave to challenge the regulator's decision. The post Universal Insurance drags NAICOM to court, secures leave to challenge licence revocation appeared first on Nairametrics.