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Why Insurance penetration's low in Nigeria

Why Insurance penetration's low in Nigeria
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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Nigerians urged to adopt ICT powered insurance services – The Sun Nigeria

Nigerians urged to adopt ICT powered insurance services – The Sun Nigeria
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Linkage Assurance Pays N8.01bn Claims In 3yrs

Linkage Assurance Plc has paid N8.01 billion claims in three years, precisely between 2019 and 2022, underscoring the company’s capacity to meet its ....

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NCRIB Urges MDAs to Pay Premiums to Prop Insurance Sector Growth

NCRIB Urges MDAs to Pay Premiums to Prop Insurance Sector Growth
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Cornerstone paid N4.6bn claims in 2020 — CEO

Wed Apr 28 2021
The Group Managing Director/CEO, Cornerstone Insurance Plc, Mr Ganiyu Musa, has said the company paid N4.6 billion as claims to its clients in 2020.
The CEO disclosed this at the Nigerian Council of Registered Insurance Brokers (NCRIB) Abuja Area Committee Annual General Meeting (AGM)/Election sponsored by Cornerstone Insurance held in Abuja.
He also stated at the event that his company grossed about N20bn in premium income in 2020 and raised its capital base to over N9bn.
“In terms of the strength of our finances, within 2020, we grew our gross premium by more than 30 per cent to close at N20 billion. And we made a total comprehensive income of almost N3bn in 2020 and that’s coming on the back of 2019 that was also a very stellar performance.” ....

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