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Rex Insurance Meets NAICOM Minimum Capital Requirement

Rex Insurance Limited has officially complied with the new minimum capital requirement (MCR) mandated by the National Insurance Commission (NAICOM). This achievement confirms the insurer’s strengthened financial position and enhanced underwriting capacity. Managing Director Ebelechukwu Nwachukwu stated that the recapitalization provides a strategic foundation for sustainable growth, increased innovation, and a deeper commitment to prompt claims settlement for policyholders.

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