Zenith General Insurance is efficient as combined ratios remain favorable

by | December 12, 2017 2:08 am

Zenith General Insurance Company Limited’s favorable combined ratio in an industry fraught with huge management expenses validates the insurer’s efficient underwriting capacity. For the year ended December 2016, the Nigerian insurer’s combined ratio (CR) of 62.70 percent, though higher than the 56 percent recorded in 2015, is lower than the 100 percent threshold. The CR…

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