oil prices News

A.M. Best: Nigeria Insurance Sector Offers Significant Potential for Investors

Although fluctuating oil prices threaten Nigeria’s economic expansion, the country’s insurance sector offers significant potential for foreign investors attempting to build a profile in the market, according to A.M. Best in a special report. In the new report entitled “Nigeria’s …

How Rising Energy Prices Affect P/C Insurance

The leveling off of the world’s oil supply and the resulting rising gasoline prices and their economic impact carry implications for property/casualty insurance rates. Oil spikes have been known to precede recessions, which affect auto, home and workers’ compensation claims …