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Metropolitan Life Insurance acquired by Verod Capital

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Magazine Issue: 
Highlights [3]
Magazine date: 
Jul 2019

VERODMetropolitan Life Insurance Nigeria, a subsidiary of Momentum Metropolitan Holdings Limited (MMI Holdings), has been acquired by Verod Capital.

According to a press relase dated 18 September 2019, Verod Capital would have obtained the approval of the Nigerian regulator to acquire 100% of the the South African MMI Holdings' stakes in the life insurer Metropolitan Life.

Read also | Towards a decline in the number of insurance companies in Nigeria [4]

Tue, 24/09/2019 - 16:07

Source URL: https://www.atlas-mag.net/en/article/metropolitan-life-insurance-acquired-by-verod-capital

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