EST. 2026

The Archive

Insurance · REF. TA-5543

Insurance Premium Pricing as a Determinant of Profitability of Insurance Companies: in Selected Commercial Banks in Nigeria

Abstract

This study investigates the subject matter outlined in the title above through a structured research design appropriate to its academic level. Using primary and/or secondary data collection methods, the research examines the underlying variables, tests relevant hypotheses, and presents findings with implications for practice and policy. This is placeholder abstract text generated for catalogue preview purposes; the full document contains a complete, topic-specific abstract, literature review, methodology, data analysis, and conclusion.

Chapter One — 1.1 Background to the Study

Over the past decade, the relationship between insurance premium pricing and profitability of insurance companies has become a subject of considerable debate among scholars and industry practitioners alike, particularly within the context of Selected Commercial Banks in Nigeria where operating conditions differ markedly from more developed markets.

Within the context of Selected Commercial Banks in Nigeria, this relationship carries particular significance. Organizations in this setting operate under a distinct combination of economic, regulatory, and market conditions that may amplify or dampen the effect of insurance premium pricing on profitability of insurance companies, making a context-specific inquiry both timely and necessary.

1.2 Statement of the Problem

While insurance premium pricing is widely discussed in policy and industry circles, empirical evidence on its actual effect on profitability of insurance companies within Selected Commercial Banks in Nigeria remains sparse and, in places, contradictory. This lack of localized, rigorous evidence makes it difficult for decision-makers to know with confidence whether current approaches to insurance premium pricing are helping or hindering profitability of insurance companies — a gap this study sets out to close.

1.3 Objectives of the Study

  1. To examine the effect of Insurance Premium Pricing on profitability of insurance companies in Selected Commercial Banks in Nigeria.
  2. To assess the extent to which insurance premium pricing influences profitability of insurance companies within the study area.
  3. To identify the challenges associated with insurance premium pricing in relation to profitability of insurance companies.
  4. To recommend strategies for optimizing insurance premium pricing in order to improve profitability of insurance companies.

1.4 Research Questions

  1. What is the effect of insurance premium pricing on profitability of insurance companies in Selected Commercial Banks in Nigeria?
  2. To what extent does insurance premium pricing influence profitability of insurance companies within the study area?
  3. What challenges are associated with insurance premium pricing in relation to profitability of insurance companies?
  4. What strategies can be adopted to optimize insurance premium pricing in order to improve profitability of insurance companies?

1.5 Significance of the Study

Beyond its academic contribution to the field of insurance, this study has practical value for management teams within Selected Commercial Banks in Nigeria seeking to understand how insurance premium pricing translates into measurable outcomes around profitability of insurance companies. It is equally useful to students and future researchers looking for a localized empirical reference on this relationship.

1.6 Scope of the Study

In terms of scope, this study confines itself to Selected Commercial Banks in Nigeria, focusing specifically on how insurance premium pricing relates to profitability of insurance companies within that setting. Findings are interpreted within these boundaries rather than as universal claims applicable to every organization or market.

Chapters Two through Five, references and appendices are available for a one-time fee of ₦75,000.

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