Insurers pay N347bn claims despite N109bn premium decline

By Rosemary Iwunze Claims paid by insurance companies  rose by 0.1 per cent, year-on-year, YoY  to N346.87 billion in the first half of 2026, H1’26, from N346.59 billion in the corresponding period of 2025. The rise in claims payment was in spite of a 1.8 per cent YoY decline in Gross Premium Written, GPW, raising […] The post Insurers pay N347bn claims despite N10.9bn premium decline appeared first on Vanguard News .