Sector ’s capitalisation dips by N6bn in one month
Worried about the free fall in the shares of insurance companies on the nation ’s bourse, capital market investors have stressed the need for the industry regulator , and professional bodies to intensify efforts at mitigating the challenges causing the sub -optimal performance of the sector in Nigeria .
The investors , who expressed dismay on the level at which their investment depreciates in value on the Nigerian Stock Exchange (NSE), called for a review of some laws regulating the affairs of the industry .
According to them , a holistic review of industry laws as well as devising new ways to approach insurance in Nigeria , would enhance optimum efficiency in operations of the practitioners and forestall further stagnation in their share prices.