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Nigeria: Power, agriculture sector reforms likely to generate insurance opportunities

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Analysts have said that the continuing reforms in Nigeria's agriculture and power sector would provide opportunities for the country's insurance industry, BusinessDay reported.

Investments in these sectors and demand for infrastructure improvements will increase risk exposure, which will require insurance coverage, the analysts said. Standard & Poor's Corp. recently said Nigeria's property/casualty sector has "significant potential for growth," but there several challenges.

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