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

Nigerian insurers’ average return on equity tumbled in 2019

It’s been clear for a number of years that insurance companies return on equity (ROE) has been waning, with the impact of deteriorating underwriting margins, combined with weak investment performance and spiralling inflation all impacting the profitability of the sector. The added pressure of from weak valuations, unrealised losses on certain assets, premium growth that…



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