International records / OpenAlex research

Effect of Liquidity Risk on Profitability of Listed Insurance Firms in Nigeria

The persistent challenge of balancing adequate liquidity buffers to meet claims obligations while avoiding excessive idle cash that reduces investment returns a dilemma exacerbated by asset liability mismatches, delayed premium collections, and Nigeria's volatile macroeconomic environment necessitates an investigation into the effect of liquidity risk on the profitability of listed insurance firms in Nigeria. This study conceptualizes liquidity risk through the current ratio (CUR), claims liquidity ratio (CLR), and premium-to-asset ratio (PAR), while proxied profitability with Return on Assets…