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International

Political violence hampers growth of Nigeria's insurance industry: Experts

October 20, 2017 Reprints

Experts from the African insurance and risk industry said that political violence hinders the growth of Nigeria's insurance market, The Cable reported. Olayinka Odutola, director-general of Association of Enterprise Risk Management Professionals in Nigeria, said that several capital projects have been abandoned due to political violence, which has delayed the construction of infrastructure projects. "This situation affects the ability of international insurers and risk companies to enter the Nigerian market as key players," he added.

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Political violence hampers growth of Nigeria's insurance industry: Experts

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