International records / OpenAlex research

Interest Rate Volatility and the Management of Insurance Industry Growth in Nigeria (2003-2023)

Interest rate is an important economic factor that can determine the level of investment in any economy, hence, the need for any organization or economy that wishes to grow to pay attention to it dynamism. This study was conducted to examine the effect of interest rate on the growth of insurance industry in Nigeria. Total insurance investment, and gross premium income which represents the insurance industry growth constitute the dependent variables while interest rate was the independent variable. The researcher employed a pooled ordinary least square (OLS) regression using secondary data draw…