Page 2 - Pius Agboola News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Pius agboola. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Pius Agboola Today - Breaking & Trending Today

NAICOM to deepen insurance penetration with digital channels

The National Insurance Commission (NAICOM) has reaffirmed its readiness to deepen insurance market expansion through the provision of digital channels for underwriters to sell products and settle claims. ....

Akwa Ibom State , Akwa Ibom , Sabiu Abubakar , Pius Agboola , Barineke Thompson , Abiodun Aribike , Market Development , Information Technology , National Insurance Commission , Sunday Thomas , Improving Insurance Access , Deputy Commissioner , National Insurance Commission , Sunday Thomas ,

Financial Inclusion: Challenges, prospects of increasing access to insurance


Financial Inclusion: Challenges, prospects of increasing access to insurance
On
By Rosemary Iwunze
In 2012, the Central Bank of Nigeria, CBN, launched the National Financial Inclusion Strategy with the aim of increasing the number of adults that have access to financial services to 80 per cent by 2020.
To achieve this,  different targets were set for each sector of the financial system.    For the Insurance industry, the  target was  40 per cent insurance penetration amongst the adult population by the year 2020.
According to a survey released by Enhancing Financial Innovation and Access, EFInA, in 2018 titled: “Access to Financial Services in Nigeria 2018 Survey”, out of a total adult population of 99.6 million, only about 1.6 million adults representing 1.6 per cent had any form of insurance in 2018, representing 0.1 per cent decline from 1.7 million adult population in 2016. ....

Enugu State , Anike Okechukwu , Pius Agboola , Eddie Efekoha , Rosemary Iwunze , Babajide Agbeja , Ken Aghoghovbia , Hallmark Insurance Plc , African Reinsurance Corporation , Central Bank , National Insurance Commission , World Bank , Access To Financial Services , Insurance Institute Of Nigeria , Am Best , National Financial Inclusion Strategy , Nigerian Council Of Registered Insurance Brokers , Enugu State University , Kindly Share This Story , Enhancing Financial Innovation , Financial Services , Insurance Market Offers Significant Potential , Nigeria Insurance , Nigerian Council , Registered Insurance Brokers , Deputy Managing Director ,