Broader Sector and Economic Context

Broader Sector and Economic Context

Nigeria's insurance market benefits from post-reform stability highlighted in the IMF's 2025 Article IV Consultation (July 2025), which notes improved macroeconomic resilience despite high inflation (around 30%). Sterling Assurance's reinsurance partnerships with Lloyd’s and ACE European Group position it well for energy sector risks.



No controversies or delays specific to Sterling Assurance; related entities like Sterling Financial Holdings (not affiliated) reported strong H1 2025 profits of N41.78 billion but faced 2024 audit delays due to banking system migrations.


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