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Foreign Reinsurers Control 65% of Nigeria’s reinsurance business- Africa Re* Says it Invested US$ 90m in Nigerian Firms

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Mr. Cornellie Karekezi, Africa Re GMD           Africa’s top Reinsurer, Africa Re has revealed that 65 percent of Nigeria’s reinsurance business are taken abroad. The reinsurance giant in a statement released said 65 per cent share of the Nigerian reinsurance market has been ceded aboad. This the company said is as ...

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