Nigeria : Insurance Core Principles

This assessment provides an update on the significant regulatory and supervisory development in the Nigerian insurance sector since 2001. Nigeria undertook an initial Financial Sector Assessment Program (FSAP) in December 2001, which included a rev...

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Bibliographic Details
Main Authors:	International Monetary Fund, World Bank
Format:	Financial Sector Assessment Program (FSAP)
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCOUNTING ACTUARIAL SCIENCE ACTUARIES AGENTS AGRICULTURAL INSURANCE ANNUITIES ARBITRAGE ASSET-LIABILITY MANAGEMENT ASSURANCE AUDIT COMMITTEE AUDITORS AUDITS BANK DEPOSITS BANKING REGULATION BANKING REGULATIONS BANKING SECTOR BENEFICIARIES BROKER BROKERS CAPITAL ADEQUACY CAPITAL BASE CAPITAL MARKETS CAPITAL REQUIREMENT CENTRAL BANK CERTIFICATE OF DEPOSITS CHECKS CODE OF CONDUCT COMMERCIAL PAPERS COMMISSIONS COMMON LAW COMPULSORY INSURANCE CONFIDENTIALITY CONFLICT OF INTEREST CONSUMER PROTECTION CONSUMERS CORE BUSINESS CORPORATE GOVERNANCE CORPORATE GOVERNANCE FRAMEWORK COVERAGE CREDIT GUARANTEE CROSS-BORDER COOPERATION DEBENTURE DEBENTURES DEPOSIT DEPOSIT INSURANCE DEPOSITS DEVELOPING COUNTRIES DISCLOSURE OF INFORMATION DISCLOSURE REQUIREMENTS DISCLOSURE STANDARD DISCLOSURE STANDARDS DISSEMINATION OF INFORMATION DOMESTIC REGULATORS ECONOMIC DEVELOPMENT ENFORCEABILITY ENFORCEMENT POWER EXCHANGE COMMISSION EXPENDITURE EXPORTER FINANCES FINANCIAL ANALYSIS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL REPORTING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCING ARRANGEMENTS FOREIGN INVESTMENTS FOREIGN INVESTORS FOREIGN OWNERSHIP FRAUD FRAUD RISKS FRAUDS GOVERNMENT ASSETS GOVERNMENT BONDS GOVERNMENT GRANTS GOVERNMENT OWNERSHIP GOVERNMENT PAPER GOVERNMENT POLICY GROUP LIFE INSURANCE HEALTH CARE HOLDING HOLDING COMPANIES HOLDINGS HUMAN CAPITAL HUMAN RESOURCES INCOME INDEMNITY INDEMNITY INSURANCE INFLATION INSOLVENT INSURERS INSPECTIONS INSURANCE INSURANCE ACTIVITIES INSURANCE ACTIVITY INSURANCE COMPANY INSURANCE CONTRACTS INSURANCE CORPORATION INSURANCE INDUSTRY INSURANCE MARKET INSURANCE MARKETS INSURANCE PENETRATION INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SUPERVISION INSURANCE SUPERVISORS INSURER INSURERS INTANGIBLE INTANGIBLE ASSETS INTERNAL AUDIT INTERNAL CONTROLS INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INVESTIGATIONS INVESTMENT INCOME INVESTMENT INSTRUMENTS INVESTMENT INSURANCE INVESTMENT PORTFOLIOS ISSUANCE JURISDICTION JURISDICTIONS LEGAL AUTHORITY LEGAL PROTECTION LEGAL SYSTEM LEVIES LEVY LIABILITY INSURANCE LIFE EXPECTANCY LIFE INSURANCE LIFE INSURERS LIMITED LIABILITIES LIMITED LIABILITY LIMITED LIABILITY COMPANIES LIQUID ASSETS LIQUIDITY MARGIN REQUIREMENT MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET EFFICIENCY MARKET INFORMATION MARKET INFRASTRUCTURE MARKET PARTICIPANTS MARKET RISKS MARKET SHARE MARKET SHARES MARKET STRUCTURE MARKET VALUE MINIMUM CAPITAL REQUIREMENT MINIMUM CAPITAL REQUIREMENTS MONETARY FUND MONEY LAUNDERING MONEY MARKET MORAL SUASION MOTOR INSURANCE NON-LIFE INSURANCE OPERATIONAL INDEPENDENCE OUTSOURCING PENSION PENSION SYSTEM PENSIONS PORTFOLIO PRIVATE EQUITY PRIVATIZATION PROTECTION OF POLICYHOLDERS PRUDENT MAN PUBLIC COMPANY RATES RE-INSURANCE REAL ESTATE REAL ESTATE LOANS REGULATOR REGULATORS REGULATORY ENVIRONMENT REGULATORY GAP REGULATORY REQUIREMENTS REINSURANCE REINSURANCE CAPACITY REINSURANCE COMPANIES REINSURERS RESERVE RESERVE FUND RESERVE REQUIREMENT RESERVE REQUIREMENTS RESERVES RETURN RISK ASSESSMENT RISK MANAGEMENT RISK PROFILE RISK TRANSFER SAFETY NET SAVINGS SECURITIES SHARE VALUE SHAREHOLDERS SOLVENCY SOLVENCY REQUIREMENTS STOCK EXCHANGE STOCK PRICES SUPERVISORY FRAMEWORK SUPERVISORY POWERS SUPERVISORY REGIME SURETY SYSTEMIC RISK TAX TAX TREATMENT TECHNICAL ASSISTANCE TERRORISM TRACK RECORD TRADING TRANSACTION TRANSPARENCY TREASURY TREASURY BILLS TREASURY CERTIFICATES TREATY TYPES OF INSTRUMENTS USE OF DERIVATIVES VALUATION VALUATIONS WORKERS COMPENSATION
Online Access:	http://documents.worldbank.org/curated/en/2013/05/18181390/nigeria-financial-sector-assessment-program http://hdl.handle.net/10986/15962