Insurance sector posts growth in premiums, assets, and net worth in 2022

THE INSURANCE INDUSTRY’S combined assets, net worth, and premiums rose in 2022, data from the Insurance Commission showed (IC). Data posted on the IC’s website based on submissions made by 128 out of 134 licensed life and nonlife insurers and mutual benefit associations (MBAs) showed their combined assets went up by 2.14% year on year, […]