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In 2019, Nigerian Insurers Collected $1.3billion in Premium

Insurance companies in Nigeria collected USD$1.3billion (NGN490bn) in 2019 as premium for the various businesses, representing 15.55% increase from the previous year According to the Nigerian Insurers Association (NIA) chairman, Tope Smart, despite enormous challenges, the industry had continued to perform its role, reported Pulse Nigeria. “It is expected, because of …

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