Tag: premium income

  • Insurers Pay 47.3% Of Premium Income In Q2’22

    Insurers Pay 47.3% Of Premium Income In Q2’22

    The insurance companies paid 47.3 percent of all premiums generated as claims in the second quarter of 2022, Q2’22. This is following improved underwriting capacity of the insurance companies.  This shows a moderate improvement from Q1’22 where 48.7 percent of all premiums generated were paid as claims. Accordingly, gross premium income increased by 64.9 percent…