Nigeria's leading finance and market intelligence news report.

Life annuity threatened as insurers take caution on new deals over falling rates, low RoI

… seek for new investment widows

Life insurance firms managing annuity business have become cautious in admitting new deals in their portfolio due to increasing decline in return on investment (RoI) over volatility in the environment. The decline on returns has been significant since early 2019, when average market rates dropped from 15.07 percent in January to 10.15 percent in December…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?
Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.