Nigeria: Reinsurance Corporation Rates Top 20 Insurance Companies On Assets

19 March 2003

By Patience Saghana

Nigeria Reinsurance Corporation has rated 20 top insurance companies based on their assets as at December, 2000.

NICON Insurance Corporation led with a total assets of N13.8billion; followed by Industrial and General Insurance (IGI) with N3.7billion; AIICO Insurance Plc, N3.2billion; Royal Exchange Assurance of Nigeria, N2.2billion; Leadway Assurance Company, N2billion and UNIC Insurance Plc, N1.8billion.

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