According to data compiled from financial reports of the companies, they also earned a total of N335.04 billion in gross premium income during the period under review, compared to N267.66 billion in 2021.
The gross premium income for the period grew by 40.82 per cent to N86.043 billion in 2022 from N61.103 billion in 2021, indicating that 52.28 per cent of its gross earnings was used in paying claims in the review period.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2024 All Rights Reserved | Curated and Powered by Nigeria DNA
