ABSTRACT

The effect of underwriting functions on the financial performance of insurance firms in Nigeria is empirically examined in this study. Between 2014 and 2023, a sample of twenty four (24) listed insurance firms was investigated using descriptive statistics, correlation analysis, and panel OLS regression. The various analyses were used to investigate the connection between the financial performance of listed insurance firms in Nigeria and underwriting functions. The empirical findings showed that insurance premium, underwriting profit and firm size had no substantial impact on the financial performance of Nigeria's listed insurance firms in Nigeria. We recommend among that proper management of underwriting profit, gross premium and firm size is should be carried out so that they enhance the insurance firms’ financial performance. Also, there is need for a strategy to manage underwriting functions in an optimal manner among insurance firms.