THE EFFECT OF FIRMS CHARACTERISTICS ON FINANCIAL PERFORMANCE OF LISTED INSURANCES FIRMS IN NIGERIA

The study tried to investigate the effect of firms characteristics on financial Performance of listed insurance firms in Nigeria.The study adopted an ex-post facto research design, the population consisted of 18 insurance Companies listed on the Nigeria stock exchange as at 31st December, 2023. A sample size of eight (8) insurance firms was used in the course of the study. The sample size was selected using purposive sampling technique. Based on the findings of the study, it implies that sales growth has no significant effect on the ROA of listed insurance companies in Nigeria this findings is contrary to that of Dalton (2019) which found that board size has effect on ROA. Consequent upon the findings of this study, the following recommendations were made that listed insurance firms should trade cautiously in managing equilibrium between their liabilities and assets.