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Underwriting industry records N813.1bn premium, N297.9bn claims in Q2 2024

Figures from Insurance Industry Bulletin for second quarter released by the National Insurance Commission (NAICOM) have shown that insurance companies recorded N813.1 billion gross premium income and N297.9 billion claim in the second quarter of 2024. According to the report, “The market recorded about N813.1 billion in gross premium written during the period, indicating a …

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