Lasaco Raises N19.3bn to Meet New Capital Rules

• • 1 min read
Lasaco Raises N19.3bn to Meet New Capital Rules

LAGOS — Lasaco Assurance has raised N19.3 billion, above its target of N18.47 billion, to meet the new minimum capital requirement set by the National Insurance Commission. The company said the money will be used for digital transformation, underwriting and claims, and to strengthen its solvency.

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