BusinessDay
Nigeria's leading finance and market intelligence news report.

Low yields dampen investment returns of Nigeria’s insurers

The sharp decline in yields on risk-free treasury instruments is dampening the investment returns of Nigeria’s insurers who are already struggling with the negative impact of the coronavirus pandemic. Insurers around the world tend to pack policyholders money in investment securities when yields are favourable to compensate for underwriting losses brought on by spiralling claims…



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