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ABSTRACT
The study examined the impact of macroeconomics factors and the growth of insurance companies in Nigeria. The study utilized cross-sectional research design and a longitudinal research design method. The study revealed that exchange rate does not have impact on the growth of insurance firms, inflation rate has a positive and significant impact on the growth of insurance firms, interest rate does not have impact on the growth of insurance firms, and money supply has a negative and significant impact on the growth of insurance firms in Nigeria. Based on the findings, the study therefore recommend that government should make insurance policy compulsory for both Nigerian and foreigners in the country; insurance firms should adequately manage their fund through effective investment to overcome inflationary tendency. Apex regulator and government should work hand to hand to determine the effective interest rate as well as it stability. And also fund should be channel to insurance sector by the government in order to boost its growth.
