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Flooding exposes insurance penetration, coverage gap

Flooding exposes insurance penetration, coverage gap

The recent flooding in Lagos and other parts of the country may have further exposed the lacklustre attitude of Nigerians toward insurance policy uptake and risk management, with the majority of the victims left with no insurance buffers to fall back on. Amid the worry, the Nigerian Insurers Associ...

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Verified on Jul 13, 2026

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