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International

Nigerian insurance industry backs M&A among weaker insurers, brokers

February 02, 2016 Reprints

Nigerian insurance industry heads are supporting the idea of mergers and acquisitions among weaker insurers and brokers for survival in the harsh competitive environment, reported The Guardian Nigeria.

They believe that weak insurers and brokers would become stronger by coming together and will be able to meet the regulatory requirements of the Insurance Act 2003.

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Nigerian insurance industry backs M&A among weaker insurers, brokers

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