Insurers target $100bn in 2 years as hunt for unreached gathers pace

Insurers target $100bn in 2 years as hunt for unreached gathers pace

Insurance companies in Nigeria are in a hot chase for the unreached as the industry plans to gross $100 billion between two to five years. Insurance currently contributes less than one percent to Nigeria’s gross domestic product (GDP), meaning the sector shares less than $4.2 billion in the country’s $420 billion economy. If the sector…

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