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Nigerian insurance premiums will increase fourfold over the next five years as companies from Old Mutual (OML) Plc to Sanlam Ltd. (SLM) tap an acceleration in economic growth in Africa’s most populous nation.
Premiums will grow to more than 1 trillion naira ($6.3 billion) from 260 billion naira in 2012, said Fola Daniel, chief executive officer of the the Abuja-based National Insurance Commission of Nigeria.
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Source: Bloomberg
Premiums will grow to more than 1 trillion naira ($6.3 billion) from 260 billion naira in 2012, said Fola Daniel, chief executive officer of the the Abuja-based National Insurance Commission of Nigeria.
Click here to read more
Source: Bloomberg