No doubt that Nigerians are becoming more sensitive to the need for risk protection, hence, they need to be constantly reminded that insurance has value due to its wealth protection mechanism. That the insurance industry has ensured that many businesses survive grave losses is like stating the obvious.
Meanwhile, some industry watchers claim that the industry is financially weak, economically underperforming and socially inactive. Compiled by NNEKA IKOKIDE, it is also evident that some insurance companies are leaders in the industry. One of such is Prudential Zenith Life Insurance.Prudential Zenith Life Insurance Limited is part of Prudential plc, one of the oldest and most strongly capitalised life insurance companies in the world.
Similarly, pension, a regular payment from an employee’s retirement from an investment fund to which the employee and their employer contributed during their time as an active member of the labour force, is currently a focal point of discussion.