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The profitability of insurance companies hinges on more than just policy volume; adequate premium rates are crucial to ensure timely claim payouts. In Nigeria, many insurers struggle with premium income underwriting performance due to inadequate risk-based pricing, leading to asset depletion and compromised financial stability. This study investigates the impact of actuarial risks on non-life insurance premium income underwriting performance affect solvency, analyzing data by using 72 member companies of the Nigeria Insurers Association (NIA). Using panel least square method to analyze the data collected, the findings revealed that over 90% of premiums collected are allocated to claims payouts, highlighting a pressing need for risk reduction strategies to bolster financial stability. The study recommends that insurers adopt proactive measures to mitigate solvency issues through optimization of premium income underwriting performance.

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As policymakers scramble to combat pension deficits, defined contribution pensions emerge as a promising solution. But what drives their success? Our study reveals that total contributions and investment returns are the twin engines of this scheme. However, a mismatch between projected and actual returns can have disastrous consequences. Three crucial parameters were identified - rates of return, annuity rates, and life expectancy - that determine the future value of pension contributions. Our findings show that higher interest rates and longer contribution periods significantly boost money worth ratios, while early retirement can lead to a substantial decrease in pension income. Conversely, normal retirement can provide retirees with up to 100% of their final salary. This research highlights the critical role of funding gaps, interest rates, and life expectancy in ensuring retirement income adequacy, making it a must-read for policymakers and stakeholders.

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The pension reform Act 2004 marked a significant shift in the administration of Pension Fund Administrators (PFAs) in Nigeria. To improve the adequacy of retirement benefits, the Act was amended in 2014, increasing the minimum contribution rates to 18%. This study investigates the impact of this amendment on retirement financing using a panel data analysis of Fund I to IV from 2014 to 2022. The results show that the variables do not have a long-term equilibrium relationship, but a fixed effects model reveals a positive and statistically significant relationship between the independent variables and the dependent variable. The study recommends strengthening the regulatory framework and enhancing transparency and accountability to ensure a well-regulated pension system. The findings of this study have important implications for policymakers and stakeholders seeking to improve retirement financing in Nigeria

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This study investigates the relationship between risk tolerance, risk perception, and investment decisions among individual investors in the stock market, with a focus on the moderating role of self-control. By analyzing a survey of 388 investors, the research reveals that risk tolerance, risk perception, and self-control are all significant predictors of investment decisions. However, self-control emerges as a critical factor that can either amplify or dampen the impact of risk tolerance on investment choices. The study finds that investors with high self-control are better equipped to navigate the stock market's uncertainties and make informed decisions. The findings suggest that financial institutions can better serve their customers by identifying potential behavioral biases and providing targeted guidance to strengthen self-control, ultimately leading to more informed investment decisions and greater success in the stock market.

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Infant mortality rates remain alarmingly high in Nigeria, despite global improvements in infant health outcomes. This study aims to identify sustainable solutions to mitigate infant mortality in Jos Metropolis. The research explores the impact of education, maternal health, healthcare systems, and infant conditions on infant mortality. Data was collected through structured questionnaires from hospitals in Jos Metropolis and analyzed using multiple regression statistics. The results show that safe and adequate education is the only significant factor in reducing infant mortality, while maternal health and infant conditions have no significant effect. The study concludes that sustaining safe and adequate education is crucial, while also prioritizing improvements in maternal health, infant conditions, and healthcare systems to effectively reduce infant mortality in Jos Metropolis, Nigeria