Insurance

Third-party insurance premium raises NLIP earnings to N1.79b

The overall premium earned by the Nigeria Liability Insurance Pool in 2023 increased by 51.6% to N1.79 billion from N1.18 billion in the previous year. According to the Pool’s annual report, the increase was prompted by an increase in third-party vehicle insurance premiums that went into effect in January 2023. In this directive, private vehicles […]