Nigeria's leading finance and market intelligence news report.

Nigerian insurers suffer deterioration in underwriting performance

Analysis of the Top 24 Nigerian insurance companies reveals that, year-on-year, combined ratios has exceeded the international accepted threshold for some of the largest players in the market in 2019 as underwriting profitability dipped for the cohort. This means that they are paying out more money in claims and other expenses than they are receiving…

Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

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

Comments are closed.