ABSTRACT.

The research carried out is on Evaluation of the effect of the recapitalization on the financial performance of insurance companies in Nigeria. The main objective is to evaluate the impact recapitalization on the financial performance of insurance companies in Nigeria. The Econometric technique method of analysis was used with the use of T-statistics. The econometric model was based on Capital Assets Pricing Model (CAPM). Relying on data collected an in depth analysis from 1990 to 2015 shows that the financial performance of  insurance industries would increase by about 55 percent variation for a unit change in the consolidation policy while holding other economic variables constant. This scenario leads credence to the fact that recapitalization policy has positive impact on financial performance and hence, economic growth and development of the country if all structural bottlenecks to implementation are removed. It is also recognized that the impact of consolidation policy on insurance companies to achieve the desired economic growth and development may not be necessary contemporaneous, but long lived if properly managed-especially as capital projects and human activities tends to have long gestation periods. To achieve intermediate and long-term economic aspirations to make Nigeria among the 20th most industrialized countries of the world (FSS 2020), efforts should be directed to develop a modern, well-structured, efficient and competitive insurance sub sector that caters for the long term needs of the economy.

 

 

TABLE OF CONTENTS

Abstract

Table of contents

CHAPTER ONE GENERAL INTRODUCTION

1.1Background of Study

1.2Statement of the Research Problem 

1.3Objective of the Study

1.4Research Questions 

1.5Justification of the Study  

1.6Scope and Limitation of the Study  

1.7Definition of Key terms 

1.8Organization of the Study

 

CHAPTER TWO: LITERATURE REVIEW

2.1Introduction 

2.2Conceptual Literature 

2.3Theoretical Literature 

2.4Empirical Literature 

2.5Insurance consolidation and Economic Objectives 

2.6Information Asymmetries and Insurance businesses  

2.7Externalities 

2.8Consolidation and the Nigeria’s Insurance Industry: An overview 

2.9Strategic Objectives of the reforms in the Insurance Sector

2.10General Objectives of the Insurance Companies in Nigeria

2.11Contributions of Insurance Companies to the GDP after consolidation 

2.12Post Consolidation Challenges of the Insurance Companies

 CHAPTER THREE: METHODOLOGY 

3.1Introduction 

3.2Research Design

3.3Population of the Study

3.4Sample and Sampling Techniques 

3.5Instrument for data Collection 

3.6Validity and Reliability of the Research Instrument 

3.7Method of data Collection

3.8Method of Analysis 

Reference

CHAPTER FOUR: PRESENTATION ANALYSIS AND INTERPRETATION OF RESULTS

4.1Presentation of the Results

4.2Discussions and Interpretations of the Results

4.3Test of Hypothesis 

4.4Policy issues of the findings

CHAPTER FIVE: SUMMARY, RECOMMENDATIONS AND CONCLUSIONS 

5.1Summary 

5.2Recommendations 

5.3Conclusion 

 Suggestions for further readings 

Appendices