Kenyan insurers diversify into real estate to boost earnings as Nigeria lags

Kenyan insurers diversify into real estate to boost earnings as Nigeria lags

Kenyan insurers diversify into real estate to boost earnings as Nigeria lags

Whenever interest rates are high and stock markets weak, some Kenyan insurers diversify into real estate especially when there is sharp rise in the price of homes and rental income. On the other hand, Nigerian insurance companies have not been investing in housing and real estate as they rely on interest from government securities, dividend…

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