Coronation Merchant Bank (CMB) says Nigeria's Insurance Industry (NII) has not shared in the growth experienced by other financial services sectors and has hardly grown in 10 years. To discuss the implications of the recapitalisation exercise on Nigeria's insurers, Guy Czatoryski, Head of Research at Coronation Merchant Bank joins CNBC Africa for more.
The council and management of the Nigerian Insurers Association are on a visit to the Nigerian Stock Exchange today, to engage the market on the recapitalisation of the insurance sector. Joining CNBC Africa is Tope Smart, Chairman of the Nigerian Insurers Association.
As Nigeria's Insurance and re-insurance companies race to meet the new minimum paid-up share capital by June next year, Usoro Essien, Head of Research at Vetiva joins CNBC Africa for an outlook on Nigeria’s Insurance sector in the second half of the year.
Following the 13-month ultimatum given by Nigeria's insurance regulator for companies to increase their minimum paid-up share capital, CNBC Africa explores how this development will impact Nigeria's insurance landscape joined by Ajibola Olayinka, Chairman, Finance, Investment and General-Purpose Committee at Law, Union and Rock Insurance.