Bona Life Bounces Back

Monday, December 17, 2018

Local Life Insurance Company Bona Life, which has been dogged by scandals, has been authorised to continue operations following its temporary closure earlier this year.

The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) last week announced the upliftment on the temporary closure of Bona Life which came into effect in July this year.

“NBFIRA would like to inform members of the public that it has lifted the temporary closure placed on Bona Life as it has put in place appropriate measures to regularise their identified non-compliance,” she said.

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