The report stated: “The industry statistics for gross claims in Q2 of 2022 stood at N174.8 billion
Insurers pay out 47.3% of premium income as claims in Q2’22

Insurers pay out 47.3% of premium income as claims in Q2’22

As a result of enhanced underwriting capacity, insurance firms paid 47.3% of all premiums earned as claims during the second quarter of 2022 (Q2’22).Infomation Guide Nigeria This represents…