Insurers hardly visible

According to a survey, only 15 out of the 50 insurers present on the market are known to the public. Aiico Insurance, Niger Insurance, Industrial and General Insurance (IGI), Leadway Assurance, NICON, LASACO, Oasis, Mutual Benefits, Royal Exchange and Crusader are on the frontline. Other actors have been equally identified, for instance, Savana Ins., Gateway Ins., Quality Ins., Liberty Ins., CBN Agric Ins. and Access Ins.
A decree governing microinsurance is currently being elaborated with a view to increase and anchor insurance penetration rate among the population.