By
Patrick Alushula
Business Reporter
Nation Media Group
Life insurers registered a sharp rise in premium income in the first quarter of 2026, lifted by a surge in National Social Security Fund (NSSF) savings channelled through insurance products.
NSSF savings fuel jump in life insurance premiums
IRA data shows that deposit administration and investments contributed 63 percent of the overall growth in long-term business, highlighting their outsized role in shaping industry performance.
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