Insurance industry and the Nigerian economy

This paper highlights the present and the likely future role of the insurance industry with respect to some aspects of the Nigerian economy. The first section is an overview of the insurance industry’s size, growth and market structure, while the second considers the role of the industry in the capital market. Sections 3 and 4 consider the importance of the industry to the Nigerian economy in its role as an earner of foreign currency and in the transfer of risks respectively. The final section suggests possible areas where the role of the industry could be further improved. Ref., sum. (in French).

Title: Insurance industry and the Nigerian economy
Author: Akintola-Bello, Olaseni
Year: 1985
Periodical: Savings and Development
Volume: 9
Issue: 1
Pages: 57-77
Language: English
Geographic term: Nigeria
Subject: insurance
External link: https://www.jstor.org/stable/25829909
Abstract: This paper highlights the present and the likely future role of the insurance industry with respect to some aspects of the Nigerian economy. The first section is an overview of the insurance industry’s size, growth and market structure, while the second considers the role of the industry in the capital market. Sections 3 and 4 consider the importance of the industry to the Nigerian economy in its role as an earner of foreign currency and in the transfer of risks respectively. The final section suggests possible areas where the role of the industry could be further improved. Ref., sum. (in French).