Vero RecordArchive

International records / OpenAlex research

Effect of Enterprise Risk Management on the Profitability of Insurance Companies in Nigeria

Nigeria's insurance industry, despite contributing less than 1% to Nigeria's GDP, is considered crucial to the economy as it controls large sums of money and protects businesses from diverse risks. However, concerned about business failures in the insurance industry, the National Insurance Commission in 2012, mandated the adoption of Enterprise Risk Management (ERM) by all insurance businesses in Nigeria to address this issue and to deter future business failures. This research work studied the effect of ERM on the profitability of Nigerian insurance businesses over a 10-year period, encompass…

Files

  • PDF · 855.3 KB · text indexed, 67,865 characters
    SHA-256 e6505956974abcd3725fcdc89ca770e61a80f5181b9cd926f850cdbfb5fce746
    from https://eajournals.org/ejaafr/wp-content/uploads/sites/16/2024/01/Effect-of-Enterprise-Risk.pdf