Share 'Poor insurance capitalization exposes policyholders to risk in Nigeria'
By Emeka Nze
Poor capitalization by Nigerian insurance companies aggravated by increasing interest rates and macroeconomic distortions are putting policyholders and shareholders to risk due to risk exposure beyond their capitalization limit.
As a result of the poor capitalization, some insurance companies are struggling to meet their obligations to policyholders as well as to their shareholders a…
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