Nigeria Re is targeting a 50% market share

Isioma Chukwuma, executive director of Nigeria Re, says that his company will be able to grab nearly 50% of the national reinsurance market within two years.

According to I. Chukwuma, the progress made by Nigeria Re makes this objective within reach. The company has enhanced the quality of its services, especially its claims payment speed. In addition, Nigeria Re had virtually no outstanding claims in mid-August.
The Nigerian reinsurer now has a credit rating and its accounts are closed on time.

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