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Nigerian insurers settle a quarter of protest related claims

Civil unrest

Insurers in Nigeria have settled claims of 4 billion Nigerian naira ($10 million) to date out of NGN4.5 billion claims related to losses arising from the protests against the brutalities committed by Nigeria’s Special Anti-Robbery Squad in October 2020, Middle East Insurance Review reported citing Premium Times. Nigerian Insurers Association’s Chairman Ganiyu Musa said that about 2,000 insured businesses were affected by the violence. 

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