13 Insurers’ premium income surges on price adjustment, local content

13 Insurers’ premium income surges on price adjustment, local content

Nigerian listed insurance companies have seen premium income surge in the second quarter of 2017, thanks to an adjustment in sum insured, and the Local Content Act. Analysts say insurers will likely maintain the growth momentum as the exchange rate stability is expected to impact positively on the insurers’ revenues from improved premium from oil…

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