International records / OpenAlex research

Risk Based Capital and Performance of Insurance Companies in Nigeria

The stability and financial performance of insurance companies are critical to economic development, one of the key regulatory tools used to ensure the soundness and solvency of insurance firms is Risk-Based Capital (RBC), which require insurers to hold capital proportionate to the specific risks they face. This study investigates the impact of RBC on the financial performance of insurance companies in Nigeria, with a focus on three core performance indicators: Return on Equity (ROE), Return on Assets (ROA), and Earnings per Share (EPS). The study adopted an ex-post facto research design and a…