Reinsurance Transactions and Gross Premium Income of Non-Life Insurance Companies in Nigeria - An ARDL Approach.

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dc.contributor.authorFadun, O. S., Aduloju, S. A., & Oluwaleye, T. O.
dc.date.accessioned2024-04-30T17:53:37Z
dc.date.available2024-04-30T17:53:37Z
dc.date.issued2023
dc.description.abstractThe study examined the relationship between reinsurance premiums ceded and gross premium income and the effect of reinsurance premiums accepted on the gross premium income of Nigerian non-life insurance providers. This study is a longitudinal research design. We engaged secondary data extracted from the Nigeria Insurance Association (NIA) Digest’s report for all the non-life insurers from 2007–2021. The data was analysed using descriptive statistics and auto-regressive distributed lag (ARDL). The results revealed that reinsurance premium ceded has a significant positive relationship with gross premium income, and reinsurance premium accepted has a significant positive effect on the gross premium income of Nigerian non-life insurance providers. It was also confirmed that reinsurance premium ceded and reinsurance premium accepted have a short- and long-run effect on the gross premium income of Nigerian non-life insurance providers. This study established that reinsurance transactions significantly positively affect the gross premium income of Nigerian non-life insurance firms. Therefore, this study recommends, among others, that Nigerian non-life insurance providers should improve their underwriting capacity, especially for high-risk sectors like oil and gas, marine, and aviation, as well as other sectors, to increase their gross premium income.
dc.identifier.citationFadun, O. S., Aduloju, S. A., & Oluwaleye, T. O. (2023). Reinsurance Transactions and Gross Premium Income of Non-Life Insurance Companies in Nigeria: An ARDL Approach. The Journal of Accounting and Management, 13(3), 75-89.
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/12793
dc.language.isoen
dc.titleReinsurance Transactions and Gross Premium Income of Non-Life Insurance Companies in Nigeria - An ARDL Approach.
dc.typeArticle
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