Weak economy, trust deficit threaten insurance performance

Only two underwriters have records of dividend payment Weak economic performance, low confidence, and poor patronage have continued to threaten the operations and survival of insurance companies, leading to depreciation and sometimes stagnation of their share prices on the Nigerian Exchange Limited (NGX), which are currently below book value. Book value is the net asset […]

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Why insurance business is struggling in Nigeria – Ogunbiyi

Dr. Akin Ogunbiyi, is Chairman, Mutual Benefit Assurance Plc. In this interview with Funke Cole, the Osun State-born business mogul and gubernatorial aspirant in the forthcoming Osun polls, shares his candid views on state of the economy from the insurance point of view in the wake of the Covid-19 pandemic and post-recovery vis-à-vis projection for […]

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FG may not meet N1 trillion insurance premium target

There are indications that the insurance industry may not meet the N1trillion premium income target set for year 2020, following the refusal by many states to implement Group Life Insurance for their workers. This would force the industry to shift, for a second time, the target year for this landmark opportunity, having failed the earlier 2012 […]

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