Royal Exchange Insurance in a growth spurt as premium income spikes

Royal Exchange Insurance in a growth spurt as premium income spikes

Royal Exchange Insurance Plc is in a growth spurt as full year premium income spiked amid low penetration with subdued price of insurers in the stock market signalling the need for industry consolidation. Data from the company’s 2016 audited financial statement showed that gross premium income in the year increased 15.92 per cent to N12.51…

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