Foreign Insurance: Nigeria, Others Lose N2.89tr   Nigeria, Ghana and other regional insurance markets lose N2.89 trillion ($8billion) yearly to offshore insurance markets, mainly in Europe and America, due to fragmented nature of African insurance markets. The fragmented markets has resulted to the inability of the insurance...

Insurance Companies Lose N23bn To Multiple Taxation   Fifty eight insurance companies in the country have decried the increasing multiple taxation they are subjected to by tax authorities which has made them cough out about N23 billion as taxes in the previous and the current financial...

Insurance Premium To Hit N600 Billion In 2020   Insurance sector overall premium will rise to N600billion by the year 2020, if the industry operators are keen on development of micro insurance segment. This view was expressed by the Head Retail Business Development, Leadway Assurance, Mr. Tunji...

ARC and UN Partner to Increase Insurance Coverage in Africa The African Risk Capacity (ARC), an agency of the African Union, and the United Nations Economic Commission for Africa (ECA) has announced a new synergy which will see the two organisations work together to increase...