Coronation targets higher premiums from capital raise, but investors want returns
AI Summary
Coronation Insurance Plc in Nigeria aims to increase its premium income following a capital raise, positioning itself to take on larger insurance risks. The company faces investor pressure for improved returns amid this expansion.
Coronation Insurance Plc, one of the insurance companies listed on the NGX, says its stronger capital base will allow it to take on larger insurance risks and grow its premium income. The post Coronation targets higher premiums from capital raise, but investors want returns appeared first on Nairametrics.