Developments in the insurance industry in Nigeria in 1991

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dc.contributor.authorStatistical Surveys Office, Statistical Services Division, Research Department
dc.date.accessioned2018-10-22T13:38:03Z
dc.date.available2018-10-22T13:38:03Z
dc.date.issued1993-06
dc.description.abstractNigeria's insurance industry expanded marginally in 1991. While some companies in the industry diversified their activities from wholly life to join life and non-life, the number of companies formerly in the life business remained unchanged. Amidst general price increases, the aggregate industry income rose although expenditures increased faster. The industry continued to show preference for investments in "miscellaneous" activities rather than comply with statutory requirements in the allocation of their resources. The year ended on a promising note with the promulgation of the much awaited Insurance Decree No. 58 in December to replace the 1976 Insurance Decree generally believed to be inadequate and obsolete. The aim of the new decree is to regulate and guide the practice of insurance business in the country.en_US
dc.description.provenanceSubmitted by Samuel A. Oyeboade (adeoluwa81@gmail.com) on 2018-10-10T14:53:54Z No. of bitstreams: 1 Developments in the insurance industry in ingeria in 1991.pdf: 2162267 bytes, checksum: 92b27c611e9beeface1d699da12d6864 (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-10-22T13:31:43Z (GMT) No. of bitstreams: 1 Developments in the insurance industry in ingeria in 1991.pdf: 2162267 bytes, checksum: 92b27c611e9beeface1d699da12d6864 (MD5)en
dc.description.provenanceApproved for entry into archive by Ifeanyichukwu Ohaju (ifohaju@gmail.com) on 2018-10-22T13:34:42Z (GMT) No. of bitstreams: 1 Developments in the insurance industry in ingeria in 1991.pdf: 2162267 bytes, checksum: 92b27c611e9beeface1d699da12d6864 (MD5)en
dc.description.provenanceMade available in DSpace on 2018-10-22T13:38:03Z (GMT). No. of bitstreams: 1 Developments in the insurance industry in ingeria in 1991.pdf: 2162267 bytes, checksum: 92b27c611e9beeface1d699da12d6864 (MD5) Previous issue date: 1993-06en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationStatistical Surveys Office (1993). Developments in the insurance industry in Nigeria in 1991. Economic and Financial Review, 31(2), 110--132.en_US
dc.identifier.issn1957 - 2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/456
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Department.en_US
dc.relation.ispartofseriesVol. 31;No.2.
dc.subjectInsurance companyen_US
dc.subjectNigeria economyen_US
dc.subjectPremiumen_US
dc.subjectIncome and expenditureen_US
dc.subjectRelative performanceen_US
dc.titleDevelopments in the insurance industry in Nigeria in 1991en_US
dc.typeArticleen_US

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