INSURANCE INDUSTRY UNDERWRITES N380 BILLION BUSINESS IN 2016

The Nigerian Insurance Industry total business underwritten in 2016 is estimated at N380 billion against N311bn in 2015. This was disclosed by the Chairman of the association Mr. Eddie Ekekoha at the just concluded 46th Annual General Meeting of the NIA at the Metropolitan Club Kot.
Abayomi the Chairman of the association expressed optimism that despite the challenged posed by the recession in the economy, the Insurance Industry has continued to be the preferred Investment destination for reputable Players in the global Insurance Market.
This is evident in the number of notable foreign companies that have bought large scale in local insurance companies since 2010.

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