Author: | Okediji, O. |
Title: | Government participation in the Nigerian insurance market : regulatory or competitive. |
Journal: | Journal of World Trade Law
1986 : SEP-OCT, VOL. 20:5, p. 540-553 |
Index terms: | NIGERIA INSURANCE COMPANIES BUSINESS-GOVERNMENT RELATIONS COMPETITION |
Language: | eng |
Abstract: | The ways in which governments can participate in the operation of the insurance industry are listed. The Nigerian insurance market is described. The reasons why the government regulates this activity are summarized. Tables are showing the structure of the insurance market. Ownership patterns and gross premium incomes of insurance companies are presented. The market leaders are listed. The government is described as a competitor and as a regulator. Data are presented about the state owned insurance companies. The reasons of the government's high participation are outlined. Problems of the insurance business training are mentioned. |
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