Insurers pay out 47.3% of premium income as claims in Q2’22
As a result of enhanced underwriting capacity, insurance firms paid 47.3% of all premiums earned as claims during the second quarter of 2022 (Q2’22).Infomation Guide Nigeria This represents a little improvement from Q1’22, when 48.7% of all premiums produced were paid in claims. Therefore, gross premium income increased by 64.9% to N369.2 billion in Q2’22 … Read more