Ekerete Ola Gam-Ikon is a Nigerian insurance personality and the Chief Executive Officer of Finterate Projects. In this interview with THE WHISTLER, Gam-Ikon spoke on the need to review the capital requirements of insurance companies in Nigeria. The CEO also identified challenges in the industry which has dampened the confidence of Nigerians as well as the way forward.
It is a very bold call from Tony Elumelu, unfortunately, due to the bad experiences of National Insurance Commission (NAICOM) with respect to recapitalization of this nature, the regulator proceeded to adopt the Risk-based Supervision system.
