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Pat-Utomi
National

Only 5% Nigerians have insurance policies, say experts

8 years ago

Former Commonwealth Secretary-General, Chief Emeka Anyaoku (third left); professional reinsurer, Prof. Joe Irukwu (fourth left); political economist, Prof. Pat Utomi (third right); CEO, Score Associates, Sir Ogala Osoka (second right); MD, Cowry Assets Management, Johnson Chukwu (second right); and founder, Proshare Nigeria Limited, Olufemi Awoyemi at a colloquium organised by Centre for Value in Leadership in Lagos ...yesterday. Photo: Bright Azuh

Not more than five per cent of Nigeria’s population is said to have subscribed to a legitimate insurance policy, say industry experts.The experts revealed this in a colloquium tagged ‘The Insurance Industry: National Savings and Financial Market Reaching for Higher Levels of Performance...

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