Insurance Sector’s Assets Hit N1.82trn On Recapitalisation Deadline       The Insurance sector’s assets rose by N410bn in one year as the industry attracted new investors. Despite the impact of COVID-19 pandemic on the economy, the insurance industry attracted some investments that boosted its assets, investigation has shown. Many...

Insurance Sector Contracts By 16.54% In Q3       The insurance sector contracted by 16.54 per cent in the third quarter of 2020 financial period, latest figures from the National Bureau of Statistics have shown. The NBS revealed on Saturday that the sector which contracted by 28.15 per...

Insurance Sector Shrank By 28.15% In Q2 - NBS     The insurance sector of the Nigerian economy contracted by 28.15 per cent in the second quarter of the year. This was contained in the National Bureau of Statistics’ Gross Domestic Product report for the second quarter of...

Insurance Sector Recorded 5.6% Growth In Q1 - NBS     The insurance sector grew by 5.6 per cent in the first quarter of 2020 financial period, according to latest statistics from the National Bureau of Statistics on the 2020 Q1 Gross Domestic Product report. Part of the...

In Three Years, Insurance Sector Records N2.83trn Investments   The insurance sector recorded a total investment of N2.83tn between the 2017 and 2019 financial period. Statistics obtained from the National Insurance Commission on Tuesday showed that the total investment rose from N700.79bn and N1.007tn in 2017 and...

Insurance Sector Rose By 6.6% In Q3 – NBS   The Nigerian insurance sector grew by 6.69 per cent year-on-year in the third quarter of this year, according to the National Bureau of Statistics. The NBS, in its latest gross domestic product report, said the finance and...