Insurance Brokers Post Growth in Premiums and Commissions
BY NATHAN GUMA NEW data from the Insurance and Pensions Commission (IPEC) shows an increase in insurance brokers’ gross premium written, reflecting stronger business activity compared to the same period last year. Gross Premium Written (GPW) is the total amount of insurance premiums that brokers record during a specific period before any deductions such as reinsurance costs, commissions,…
