THE NIGERIAN PUBLIC AND TOTAL ASSETS OF LIFE INSURANCE COMPANIES
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Abstract
This study investigates the impact of the Nigerian Society and Total Assets of Life
Insurance Companies in Nigeria applying the Fully Modified Ordinary Least Squares
(FMOLS) technique using panel data from 2007 to 2021. Total assets of life insurance
companies(TALIC) is the dependent variable and level of savings, level of savings, inflation were the independent variable. A major funding is that there is a significant
positive relationship between the Nigerian Society and Total Assets of Life Insurance
Companies. The study recommends that Nigerian society should evolve and implement
policies for savings, income and inflation in order to increase its positive influence on
total assets of life insurance companies
Insurance Companies in Nigeria applying the Fully Modified Ordinary Least Squares
(FMOLS) technique using panel data from 2007 to 2021. Total assets of life insurance
companies(TALIC) is the dependent variable and level of savings, level of savings, inflation were the independent variable. A major funding is that there is a significant
positive relationship between the Nigerian Society and Total Assets of Life Insurance
Companies. The study recommends that Nigerian society should evolve and implement
policies for savings, income and inflation in order to increase its positive influence on
total assets of life insurance companies
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