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By Ebere Nwoji
The National Insurance Commission’s (NAICOM) limit to management expenses of insurance firms may have started yielding fruits as operators, especially the big players are now taking steps towards ensuring reduction in their management expenses despite their huge premium.
But the commission is yet to achieve similar success among some troubled firms whom available data showed still have high management expenses.
Industry data released by the Nigeria Insurers Association(NIA) in the latest edition of its Insurance Digest, which x-rayed the 2019 financial positions of insurance firms revealed that some weak insurance firms placed under interim management and receivership have their management expenses exceeding premium income while market leaders with huge premium income recorded drastic reduction in their management expenses. ....

Alhaji Mohammed Kari , Ebere Nwoji , Sovereign Trust Insurance , Insurance Company , International Energy Insurance , National Insurance Commission , Royal Exchange , Leadway Assurance , Nigeria Insurers Association , Custodian Allied Insurance , Insurance Digest , Leadway Assurance Limited , Allied Insurance Limited , Axa Mansard Insurance , Royal Exchange General Insurance Company , Coronation Insurance , Unitrust Insurance , இறையாண்மை நம்பிக்கை காப்பீடு , காப்பீடு நிறுவனம் , சர்வதேச ஆற்றல் காப்பீடு , தேசிய காப்பீடு தரகு , அரச பரிமாற்றம் , நைஜீரியா காப்பீட்டாளர்கள் சங்கம் , காவலர் கூட்டணி காப்பீடு , காப்பீடு ஜீரணிக்கவும் , கூட்டணி காப்பீடு வரையறுக்கப்பட்டவை ,