National Insurance Commission And Corporate Governance In Nigeria, 2016

ABSTRACT This study examines the role played by NAICOM in the institution of good corporate governance culture in the Nigerian insurance industry. This was done by determining how successful the NAICOM, as the insurance industry regulator, has been in instilling a sound corporate governance culture in the industry. The Nigerian insurance industry have over the years been plagued by under-capitalization, poor human capital and professional skills, poor returns on capital, insurance premium flight, trust and confidence issues and poor corporate governance structures. However, with the introduct…