Bona Life attracts interest from suitors
Friday, September 18, 2020
With a portfolio of P712 million in policies, Bona Life was placed under statutory management in January, after it failed to meet the prudential capital thresholds set by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA).
The life insurer, which was the third largest in the country at the time, had struggled due to a shareholder stalemate over recapitalisation of the business, which saw the firm’s founder, Regina Vaka, exit early in January.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...