Continental Reinsurance Plc said the group’s consolidated gross premium rose by 27 per cent, from N15.19 billion in the second quarter of 2017, to N19.26 billion in the corresponding period of 2018. According to a statement from the group, the good momentum in volume growth was a reflection of a supportive market environment. “Despite a […]
By Rosemary Onuoha There are indications that insurers are committing more resources to meeting insurance claims and other underwriting expenses. But this development may be eating into their earnings as expenses outpace gross premium written, GPW. File: insurance Analysis of the industry performance for the first half of 2018, H1’18, show that while industry GPW […]
Brokers on the floor of Nigerian Stock Exchange in Lagos. Continued share price depreciation on the equity sector of the Nigerian Stock Exchange (NSE), yesterday pulled the market capitalisation further down by N110 billion. At the close of trading yesterday, All-Share Index (NSE-ASI) shed 303.16 absolute points, representing a decline of 0.81 per cent to […]
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]
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