InsuResilience Investment Fund (IIF) has acquired 39.25 per cent stake in Royal Exchange General Insurance Company Limited (REGIC)Plc, one of the nation’s largest non-life insurance companies. IIF was set up on behalf of the German government by KfW and managed by Swiss based impact investment manager, BlueOrchard Finance Limited.
In a notification to the Nigerian Stock Exchange (NSE) yesterday, Royal Exchange Plc, which is the parent firm of REGIC, said through its activities, the IIF is expected to reach out to more than one million Nigerian farmers by 2025…
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