WASET
	%0 Journal Article
	%A Chimaobi V. Okolo and  Afamefuna J. Ani and  Ebere U. Okolo
	%D 2015
	%J International Journal of Mechanical and Industrial Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 103, 2015
	%T The Effect of Insurance on Foreign Direct Investments Inflow to Nigeria
	%U https://publications.waset.org/pdf/10002310
	%V 103
	%X This paper seeks to assess the implications of
insurance to foreign direct investment inflow in Nigeria. Multiple
linear regression technique and correlation matrix test were employed
to measure the extent to which foreign direct investment was
influenced. The result showed that insurance premium (IP), asset size
of insurance industry (AS), and total investment of the industry (TI)
impacted significantly and positively on foreign direct investment
inflow in Nigeria. There should be effective risk transfer mechanism
and financial intermediation, which gives the investor confidence in
the risk management strength of the host country.
	%P 2493 - 2497