Reinsurance And The Determinants Of The Ceding Decision Of Life Insurance Companies In Nigeria: An Empirical Analysis

Purpose: This paper is an empirical analysis of Nigeria's determinants the ceding decision life insurance companies. It birthed from notion that reinsurance, though highly beneficial to industry, rarely undertaken by insurers. Thus, this study aims at expounding on reinsurance decisions companies in Nigeria and relationship each determinant with ceded reinsurance. Methodology: An ex-post facto research design was adopted, a sample size seven (7) core selected using purposive sampling technique. Data were sourced Nigerian Insurers Digest websites select covering years 2011 2019. Descriptive unit root tests conducted data justify its suitability. further analyzed panel regression, arrived Hausman redundant fixed effect tests. Results/Findings: The showed significant between leverage firm as well return assets while underwriting risk price had insignificant relationships All explanatory variables also positive ratio it concluded leverage, are major these companies, not. Originality Practical Implications:This original work authors. practically shows factors considered insurers deciding cede their risks With previous studies benefit brings impede insurer deriving benefits. Therefore, recommended encourage more risks, policymakers regulators should align specific regulations Nigeria.