Rex Insurance Limited occupied a prominent position in the list of successfully recapitalised insurance companies recently released by the National Insurance Commission( NAICOM). The company said it has successfully met the new minimum capital requirement prescribed by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. It also reinforces our ability to honour our commitments to policyholders while positioning us for sustainable growth in an evolving insurance landscape. “Our recapitalisation marks the beginning of an exciting new chapter for Rex Insurance. It is not an end, but a strategic foundation for sustainable growth and long-term value creation, “she stated.