This article explores the vital role of insurance in disaster risk management (DRM), highlighting how it provides financial protection, promotes risk reduction, supports recovery, and stabilizes economies. It also discusses the challenges, opportunities, and types of insurance that contribute to building resilient communities and enhancing disaster preparedness.
This article discusses the challenges and opportunities in Nigeria’s insurance sector, highlighting low penetration due to socio-cultural beliefs, lack of awareness, and trust issues. It emphasizes the need for government enforcement, educational campaigns, simplified products, and support for NGOs like Transparent Protection Ltd. to enhance insurance adoption and industry practices.
This article discusses the role of agricultural insurance in Nigeria, highlighting its importance in protecting farmers from risks like weather changes, pests, diseases, and market volatility. It outlines the challenges faced by the agricultural insurance sector, its benefits for farmers, and future opportunities for growth and expansion through technological innovations and stakeholder collaborations.
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