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News
‘Recapitalised insurers need housing data for better underwriting’
9+ hour, 12+ min ago (461+ words) Founder of Assetrica, Mayowa Adeosu The founder of Assetrica, a governance infrastructure company for African real asset capital markets, Mayowa Adeosun, has said Nigeria’s newly recapitalised insurance industry will struggle to underwrite construction performance bonds and title insurance for housing…...
Households embrace microinsurance as inflation bites harder
3+ mon, 2+ day ago (1208+ words) As macroeconomic pressures continue to squeeze disposable income across Nigeria, citizens and small businesses are rapidly abandoning expensive traditional insurance products in favour of flexible, low-cost financial safety nets. The shift is reshaping the country’s retail insurance market, reports JIDE…...
US drives global insured disaster losses to $107bn
8+ mon, 2+ day ago (297+ words) Swiss Re Institute has said that global insured losses from natural catastrophes hit about $107bn in 2025, mainly on the back of wildfires in Los Angeles and severe convective storms in the US. This was disclosed in a statement, which also indicated…...