International records / OpenAlex research
Risk Diversification Strategies and Competitive Performance in the Nigerian Insurance Industry
This study examined the effect of risk diversification strategies on competitive performance in the Nigerian insurance industry, with specific focus on product diversification, reinsurance utilization, and investment portfolio diversification, while market share growth was used as a proxy for competitive performance. The study adopted an ex post facto research design and utilized annual time series data covering the period 2000 to 2025, giving a total of 26 observations. Data were analyzed using descriptive statistics, Augmented Dickey Fuller and Phillips Perron unit root tests, Johansen coint…
