Why insurance penetration is low in Nigeria – NCRIB

AI Summary

The Nigerian Council of Registered Insurance Brokers highlights low insurance penetration in Nigeria, citing key factors such as exclusion of pensions, limited technology adoption, and public ignorance. These issues present challenges to expanding the insurance market within the country.

NCRIB identifies key reasons for low insurance penetration in Nigeria, including exclusion of pensions, lack of technology, and public ignorance. Read More: https://punchng.com/why-insurance-penetration-is-low-in-nigeria-ncrib/