The Impact Of Insurance Apathy On Economic Growth In Nigeria. A Study Of Nigeria Insurance Industry.

ABSTRACT

This study is aimed at investigating the impact of insurance apathy, on economic growth in Nigeria using the insurance industry in Nigeria as a case study. In order to achieve this, the study shall determine the impact of insurance apathy on economic growth on one hand; and by the insurance industry in Nigeria and economic growth on the other hand. More so, the study shall investigate the impact of insurance apathy on economic growth in Nigeria insurance by using Ordinary Least Square (OLS) multiple regression methods. Data for the study shall be collected from secondary sources such as Central Bank of Nigeria (CBN) statistical Bulletins National Insurance Commission (NAICOM) reports, Nigeria Insurers Association (NIA) reports, internet, textbooks, published journals etc. The study   period is from 1996 to 2014 which covers with the pre-consolidation and post-consolidation era in the Nigerian insurance industry. Recommendations shall be made in accordance with the findings of this study.