Tags : insurance sector

Insurance Industry Total Assets Hit N2.3tn In Q3

The National Insurance Commission has disclosed that the total assets of Nigeria’s insurance industry stood at N2.3 trillion at the end of the third quarter of 2022. This was contained in a report in ‘Statistics department quarterly synopsis of the insurance market third quarter, 2022’. The commission stated, “The industry recorded a total asset of […]Read More

Insurance Sector Grows By 15.68% In Q1

According to figures obtained from the National Bureau of Statistics on the country’s Gross Domestic Product, the Nigerian insurance sector grew by 15.68 per cent in the first quarter of the 2022 financial period. The statement said, “The finance and insurance sector consists of the two subsectors, financial institutions and insurance, which accounted for 89.12 […]Read More

Insurance Sector Records 16.41% Growth In Q2

The National Bureau of Statistics has said the insurance sector grew by 16.41 percent in the second quarter of the 2021. According to the second quarter performance for the finance and insurance sector, the figures, the insurance sector which contracted by 2.08 percent in Q1, 2021; 12.05 per cent in Q4, 2020; 16.54 percent in […]Read More