A new report by Atlas Magazine has placed Nigeria in 8th position among top 10 African countries with projected market turnover of $73.42 billion. The estimates by the Magazine put Nigetia’s market share in Africa at 1.4 per cent. The rankings show that the sector is dominated by South Africa, followed by Morocco, Kenya, Egypt, and Algeria. These five countries account for a total market share of 87 per cent in 2024, while the top 10 countries underwrite 93.6 per cent of the continent’s premiums. Other countries listed include Tunisia,…
Read MoreNigeria Trails In African Insurance Market Provisional Turnover Ranking
