The Chartered Insurance Institute of Nigeria, CIIN, is upbeat that the insurance sector would maintain growth trajectory in the course of the year, as it makes input at its 2023 Business Outlook forum in Lagos.
President and Chairman of Council of the Institute, Edwin Igbiti, welcoming key industry operators and financial sector experts, said the forum is specifically designed to review the business environment in the country for immediate past year and strategies on the way forward for the insurance industry in the new year.
According to Igbiti, This programme among other things, examines the national budget, reviews the thrusts of the fiscal and monetary policies of government and estimate how these would influence the insurance industry in particular and the economy in general.
This first session of the review envisages the 2023 national budget, most especially the aspect that relates to the Insurance Industry and how the industry can reposition itself.
The objective is to review business and financial activities, share ideas, project proponents for profitability and proffer solutions and recommendations to operational challenges in the country.
“It is a platform to discuss the National Budget as it relates to the financial sector, meet professionals from different professions in the financial world and share expertise on the issues pertinent to the growth and development of the Nigeria economy.” he said.
Oriental News Nigeria reports that the theme for this year’s Business Outlook is “Reshaping the Financial Sector: Emergent Challenges and Opportunities”.
Igbiti, expressed optimism that the forum will be very insightful considering the positive projections of the global industry at the beginning of the year.
He appreciated the Commissioner for Insurance for always answering the Institute’s calls whenever they reach out and doing so with the zeal, dexterity and commitment that defines true professionalism.