UNIVINSURE Announces Resolutions of the Board Meeting Held 30th August 2018

Thursday, September 6, 2018/12:30 PM/NSE 

Universal Insurance Plc. (”The Company”) wishes to inform its shareholders and stakeholders that the Board of the Company at its meeting held on Thursday, 3oth August, 2018, passed the following resolutions:

1.    The 48th Annual General Meeting of the Company shall hold on Wednesday, 14”-November, 2018.

2.  The Company shall conduct its business within Tier 2 category in the new capitalization policy released by the National Insurance Commission (NAICOM).

3.    The Company shall strive to elevate to Tier 1 category within a short period.

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