Top 10 Insurers Control Nigeria’s Motor Insurance Market With Multi-Billion Revenue

Ten leading insurance companies have solidified their dominance in Nigeria’s motor insurance sector, capturing the “lion’s share” of the market over the last five years. According to the Nigerian Insurers Association (NIA) 2024 Digest and early 2026 industry reports, NEM Insurance Plc has emerged as the undisputed leader, maintaining the top spot since 2015. In … Continue reading Top 10 Insurers Control Nigeria’s Motor Insurance Market With Multi-Billion Revenue