Ujunwa, Augustine; Modebe, Nwanneka Judith - In: Journal of applied finance & banking 1 (2011) 3, pp. 15-32
This paper reviews the operational efficiency of the Nigeria insurance industry from a historical perspective. Our … paper traced the origin of insurance in Nigeria to 1918, when marine insurance was dominant in the economy. The paper shows … that despite the long history of insurance industry in Nigeria, the sector's operational efficiency has remained sub …