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Old Mutual reiterates commitment to the Nigerian market to bolster insurance penetration with tech. techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.
Old Mutual Reiterates Commitment to Nigerian Market naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
Health, fire drive growth for insurers in January even as motor, crop suffer SECTIONS Last Updated: Feb 21, 2021, 07:07 PM IST Share Synopsis Non-life insurance premium reached Rs 18488.1 crore for the month against Rs 17333.7 crore January of 2020. At 2.8% the Gross Direct Premium (GDPI) growth has been much slower for the year-to-date (YTD) period for FY21, as per data released by the General Insurance Council. Agencies Health insurance continued to grow on the back of increased urgency among households to buy medical covers driven by covid-19 induced awareness. The growth in premium collected by the general insurers in January at 6.7% remained tepid even as health and fire insurance segments continued to witness robust growth. A muted demand for automobile and crop insurance dragged down the industry to a slow start to the calendar year. ....
Read more about Non-life insurers record 6.7% growth in gross premiums in January on Business Standard. This comes after a double-digit growth in premiums in December and low single-digit growth in November, preceded by contraction in September and October ....