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Insurance Industry Assets Hit N2.3trn – NAICOM

Insurance Industry Assets Hit N2.3trn - NAICOM   The total assets of the country’s insurance industry have increased to N2.3 trillion in the second quarter of 2022, growing by 11.9 per cent or N200 billion from the second quarter of 2021. The non-life business assets stood at...

Nigerian Insurance Industry’s Asset Rises To N1.8trn

Nigerian Insurance Industry’s Asset Rises To N1.8trn       The Nigerian insurance industry’s assets rose from N1.61tn at the end of the 2019 financial year to N1.8tn in June 2020. The Central Bank of Nigeria disclosed this in a report, titled ‘Insurance sector (general and life) consolidated balance...