THE National Insurance Commission, NAICOM, has released the list of insurance companies that it approved its 2016 financial statements as at June 13, 2017.

A statement by Rasaaq Salami, head, Corporate Affairs of the commission, on Tuesday in Abuja, listed FBN General Insurance, Wapic Life and Ensure Insurance companies among those whose financial statements have been approved.

The list included Continental Reinsurance, Zenith General Insurance, FBN Insurance, Zenith Life Assurance, Consolidated Hallmark Insurance, Custodian and Allied and Custodian Life.

The others are Law Union and Rock, Wapic General, AIICO Insurance, AXA Mansard, Prestige Assurance, Nem Insurance Plc, Regency Insurance Plc, Lasaco Assurance and Unity Kapital Assurance were approved

Also on the are Cornerstone Insurance, Fin Insurance Plc Royal Exchange General, leadway Assurance Plc, Old Mutual General Insurance, Staco Assurance, Royal Prudential Life and Mutual Benefit Life assurance Plc companies.

The NAICOM said that it also approved the financial statement of Sovereign Trust assurance, NSIA Insurance, Standard Alliance Life Assurance, Mutual Benefits Assurance Plc and Old Mutual Life assurance Plc.

It queried the financial statements of few companies including Nigeria Reinsurance Corporation, Guinea Insurance , United Metropolitan Nigeria Life Insurance Limited and Standard Alliance General Insurance.

Those whose financial statement are under review are Linkage Assurance, Sterling Assurance and KBL Insurance Limite

—  Jun 14, 2017 @ 13:50 GMT