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Crown Takaful Distributes N100.9m Surplus to Participants

Crown Takaful Insurance Limited has received approval from the National Insurance Commission (NAICOM) to distribute N100.9 million in surplus to its participants. This distribution marks a significant milestone for the firm, which achieved the feat within its first year of operation. The surplus sharing model is a core principle of Takaful insurance, emphasizing mutual cooperation and shared prosperity. In its debut year, the company recorded gross contributions totaling N1.935 billion.

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