UNIC Insurance Loses Operational Licence

The operational licence of Unic Insurance Plc. has been cancelled by the National Insurance Commission

The Commission disclosed  this in a notice which read: “This is to notify the general public/policyholders that, in exercise of the powers conferred on her by enabling laws, the National Insurance Commission has cancelled the operational licence issued hitherto to Unic Insurance Company with effect from 25th March, 2021

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“Consequently, the commission has appointed Hadiza Baba Gimba, as the receiver/liquidator to wind up the affairs of the company.”

It added, “The general public/policyholders are by this notice required to direct all enquiries and correspondence regarding Unic Insurance Plc to the receiver/liquidator who will be dealing with its liabilities in accordance with the pro IOC the Insurance Act 2003.”


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