The first insurance company to establish its branch office in Nigeria is

Assessment: WAEC SSCE - Insurance - 2017 (Objective) Subject: Insurance

Question 1 Report

The first insurance company to establish its branch office in Nigeria is

Answer Details
The first insurance company to establish its branch office in Nigeria was the Royal Exchange Assurance. Royal Exchange Assurance was established in the UK in 1720 and has since expanded its operations to other countries, including Nigeria. The company's establishment in Nigeria marked the beginning of the modern insurance industry in the country and laid the foundation for the growth and development of the insurance sector in Nigeria.
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