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Effect of Commercial General Liability Insurance on Insurance Market Development in Nigeria

The Nigerian insurance sector faces persistent challenges with low market penetration, currently stagnating at less than 1% of GDP, despite the critical role of Commercial General Liability Insurance in mitigating business risks and fostering economic stability. While premium income and claims settlement efficiency are widely regarded as key drivers of insurance adoption, their actual impact on market penetration remains empirically underexplored in Nigeria. This study investigates the effect of Commercial General Liability Insurance on insurance market development in Nigeria. Using ex-post fa…

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from https://iiardjournals.org/get/IJEFM/VOL. 10 NO. 11 2025/EFFECT OF COMMERCIAL GENERAL 32-43.pdf
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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT
Date	2026-08-26
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.56201/ijefm.v10.no11.2025.pg32.43
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W7204266871`

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Effect of Commercial General Liability Insurance on Insurance Market Development in Nigeria. OpenAlex research, 2026. Vero Archive, record openalex:W7204266871.