International records / OpenAlex research

Liquidity Risk and Solvency Performance of Life Insurance Firms in Nigeria

This study examined the effect of liquidity risk on the solvency performance of life insurance firms in Nigeria, with specific focus on liquidity ratio, cash ratio, and asset liquidity composition, while capital adequacy ratio was used as a proxy for solvency performance. The study adopted an ex post facto research design using panel data obtained from seven selected life insurance firms over a five-year period from 2020 to 2024, resulting in a total of thirty-five observations. Data were analysed using descriptive statistics, correlation analysis, and panel regression technique, specifically …