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ABSTRACT
This study examines the relationship between financial structure and insurance firm performance in Nigeria, from 2013 to 2022. The objectives were to examine the effects of leverage ratio on insurance firm performance in Nigeria, to analyze the performance of insurance companies in Nigeria based on liquidity ratio, to ascertain the effects of Solvency ratio on insurance firm performance in Nigeria, to determine the effects on equity ratio on insurance firm performance in Nigeria, and to ascertain the effects of debt ratio on insurance firm performance in Nigeria. The study employed the ex-post facto research design, usingthe panel OLS regression technique to investigate the relationships. The study revealed that equity does not have any impact on the performance of insurance firm in Nigeria, that long term debt has a negative impact on the performance of insurance firms in Nigeria, and that firm size has a positive impact on the performance of insurance firms in Nigeria. The study concluded that the financial structure of insurance firms are importance to the survivability of insurance firms in Nigeria, and therefore recommended that insurance firms in Nigeria should increase it performance to attract potential investors, that top management should maintain an appropriate mix of debt to equity to reduce dilution of shareholders fund, and that expansion of insurance firms should be effective and efficient.
