Insurance brokers, agents and others earned N97.07 billion commission from underwriters and reinsurers in 2020, Inspenonline reports. Brokers, it was gathered, generated N281.08 billion representing 25 per cent of the N508.44 billion Gross Premium Written (GPW) of insurance companies in the year. Data obtained from the Nigeria Insurance Digest 2020, […]
Tag: Insurance brokers
Insurance brokers, agents earn N54.11bn Commission
Leave a Comment and share Chuks Udo Okonta Insurance brokers, agents and other intermediaries earned N54.11 billion commission from underwriters in 2019, Inspenonline can report. Data obtained from Nigerian Insurers Association (NIA) revealed that non life insurance firms paid N35.09 billion commission to the intermediaries, while life operators paid N19.02 […]
