Business Insurance

Login  |  Register Subscribe



cbVid =

Nigeria: Gross premium income up 19% in first quarter of 2014

May 6, 2014 - 6:00am


Gross premium income reported by the Nigerian insurance industry for the first quarter of 2014 was up 19% from the amount reported during the previous quarter, though insurance penetration ratio was still less than 1%, reports Nigerian daily Leadership.

Nonlife underwriters, comprising 22 insurers, made up 43% of the total gross premium income.

There was an increase in underwriting activities in the oil and gas and marine segment.

Read more

 



Get our daily Global Focus newsletter
  •  



You may also want to visit

International Content