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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, 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, Premium, Finance, Africa, Insurance Markets

‘How Nigeria, Others Generated $67b Insurance Premium’

Nigeria and other African countries were able to generate $676.7 billion insurance premium income, going by the records of the 46th Africa Insurance B...

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Posted Jun 7, 2019 | Insurance, FBN Insurance Limited, Claims, Policyholders, Premium

FBNInsurance Pays N4.8bn Claims

FBNInsurance Limited, one of the life insurance companies in Nigeria, said it paid N4.8bn claims to its policyholders in the 2018 financial period.

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Posted May 31, 2019 | Insurance, Premium, Insurers, Life Assurance

Life Insurers Generated N329 Billion Premium From Annuity In 2018

Life insurance operators have generated N328.88 billion premium from annuity since the inception of the Contributory Pension Scheme (CPS).

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