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Nigeria :, Publication of Financial Sector Assessment Program Documentation––Detailed Assessment of Observance of Insurance Core Principles

Nigeria undertook a Financial Sector Assessment Program (FSAP), which included a review of the structure of Nigeria’s insurance market and the supervisory framework. The assessment was benchmarked against the Insurance Core Principles (ICPs) issued by the International Association of Insurance Supervisors (IAISs). It is advised that the National Insurance Commission (NAICOM) of Nigeria can expand the objective to include the creation of a fair, safe, and stable insurance sector for the benefit and protection of policyholders
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Key Findings and Recommendations; A. Introduction; B. Information and Methodology Used for Assessment; C. Overview--Institutional and Market Structure; Tables; 1. Total Assets of Insurance Firms, 2006-2011; 2. Gross Written Premium, 2007-2011; Figures; 1. Distribution of Non-life Business; 3. Non-life Insurance Development Metrics in 2010; 2. Distribution of Life Business; 4. Foreign Ownership of Insurers in 2010; 5. Market Share of the Top Five and Ten Non-life Insurers, 2006-2010; 6. Market Share of the Top Ten Non-life Insurers, 2010
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (66 p.)
Specific Material Designation
Form Of Item

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