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Olusola Ladipo‑Ajayi, dean of the Cathedral Church of Christ in Yewa Diocese, reflects on a 43‑year insurance career, his journey to priesthood, and urges Nigerian leaders to share the burden of economic reforms.
In the first half of 2026, insurers listed on the Nigerian Exchange paid out N346.87 billion in claims, a slight rise from the previous year, while gross premiums written dropped 1.8 percent. The trend raises concerns over underwriting margins as the sector moves into a post‑recapitalisation phase.