Emerging risks throw up prospects for new insurance products

Emerging risks throw up prospects for new insurance products

Evolving risks, including job losses, drop in consumer spending and cyber onslaughts, heightened by the economic recession, are throwing up prospects for the development of new insurance products. Nigerians are consequently re-ordering their expenditure priorities in the face of the new economic reality, cutting their budgets on some items, including insurance and dropping others outright….

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