Developments in the insurance industry in Nigeria in 1996
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Date
1998-03
Journal Title
Journal ISSN
Volume Title
Publisher
Central Bank of Nigeria, Research Department.
Abstract
This report reviews the performance of the insurance industry in Nigeria in 1996 on the basis of the survey conducted by the Central Bank of Nigeria, which covered 134 Insurance Companies that had full calendar year operations in Nigeria. Out of this, 68 responded indicating a response rate of 50.7 per cent. The report is divided into five parts. In part 1, the structure and performance of the Nigerian Insurance Industry is reviewed. Developments in life insurance business are discussed in part II, while activities in the non-life insurance business are examined in part III. Part IV analyses the composition of the industry's assets as well as the pattern of the portfolio investments in the industry.
Description
Keywords
Insurance industry, Life insurance business, Non-life insurance industry, Statistical survey
Citation
Statistical Surveys Office (1998). Developments in the insurance industry in Nigeria in 1996. Economic and Financial Review, 36 (1). 85 - 107.