Business

FBS Re records N16.6bn premium growth

FBS Reinsurance Limited, often known as FBS Re, a recently created reinsurer in Nigeria, saw a 110 percent increase in gross written premium to N16.6 billion in 2022 from N7.9 billion in 2021. Additionally, the Company’s underwriting profit increased by 545 percent, from N813 million in 2021 to N5.244 billion, with conservative risk management and […]