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SUMMARY
The findings of the study established the statistical significant relationship between reinsurance utilisation and performance of non-life insurance companies in Nigeria. The findings of this study reveal that non-life insurance companies perform relatively low because they rely heavily on reinsurance protection as their main source of risk management technique. The study also stated the importance of non-financial financial performance indicators like customers satisfaction, claims management procedures, time lag and so on. The findings in the study further underline the importance of increased shareholders’ fund and improved performance so that insurance companies can increase their risk appetite vis-a-vis increase in their performance (financial and non-financial). Most importantly, insurance companies must not remain on the same threshold or retention over a long period of time.
