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LIB INSURANCE BROKERS LTD

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Posted Jul 5, 2019 | Insurance, Premium, Non-life, Asia, Global

Global Insurance Premiums Pass $5tr, Emerging Asia Leads Way: Swiss Re

A report from Swiss Re has determined that global insurance premiums passed $5 trillion for the first time ever in 2018, a figure which represents 6% of world gross domestic product.

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Posted Jul 5, 2019 | Insurance, Rights Issues, Shareholders, Investment, Capital

STI Begins N4.17 Billion Rights Issue

Sovereign Trust Insurance Plc has announced the opening of rights issues for existing shareholders, which has commenced since June 24, 2019, and will...

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Posted Jul 5, 2019 | Insurance, Industry, Recapitalisation, Technology, Digital Innovation, Insurance Penetration

Government Insists On Recapitalisation Of Insurance Industry

The Federal Government has charged insurance operators not to work against the current industry recapitalisation move by the National Insurance Commis...

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Posted Jul 5, 2019 | Insurance, Premium, Insurers, Growth, Tax, Claims, Capital

Insurance Sector Recorded N400bn Premium In 2018

The Nigerian insurance sector, in 2018, grew its total premium from N363 billion in 2017, to N400 billion in 2018. This represented a 10 per cent gro...

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Posted Jun 21, 2019 | Insurance, Underwriters, Local Content, Risks, Foreign Insurers, Sector, Industry

Underwriters Lose 90% Risks To Foreign Investors As Local Content Flops

The nation’s insurance sector may be far from meeting the local content agenda of the Federal Government, as indications emerged that it is currently...

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