LAGOS – Insurance market capitalisation has grown to N848.9billion representing 19per cent year-on-year and 4.1per cent quarter-on-quarter as at the Q3 2023, according to the National Insurance Commission (NAICOM).
However, the paid capital of the industry stood at N422.3billion while total statutory deposit also went up to N26.7billion within the period under review.
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.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
