Niger Insurance PLC · NIGERIN.LG

Niger Insurance Plc is a composite insurance company. Its businesses include non-life business and life business. Its non-life business is organized into segments, including Motor, which underwrites motor insurance; Marine & Aviation, which provides cover on airborne cargoes, ships, fishing vessels, ports and harbors installation; Fire, which covers accidental destruction of properties, such as household buildings and raw materials, and Accident, which includes accident policies covering a range of activities, such as personal accidents and family accidents. Its durable business profile is anchored in underwriting discipline, claims management, distribution, reinsurance relationships and investment income generated from premium float. Demand is linked to corporate risk management, compulsory insurance lines, personal protection, infrastructure activity and rising awareness of formal insurance products. Investors should monitor premium growth, loss ratios, reserving quality, solvency, investment portfolio risk and regulatory compliance.