ABSTRACT 
 
 Environmental can be said to be conditions and influences of a particular area. Environment can be physical or non-physical environment, material or non-material environment.  A lot of activities take place in the environment.  Most activities are for the development of mankind, some as a fund and some are very dangerous to the development of man.  Most of these environmental activities involved a lot of risk like Agricultural, extractive industrial activities etc. This research work is aimed at viewing the various types of risk that arises in environment and the impact of insurance industry in the management of such risks.  The methodology used in obtaining data was questionnaire and valid of hypotheses were tested using the Z test statistic.  On the course of this work, it was discovered that a lot of activities take place in the environment such as agricultural activities, extractive and other industrial activities and conclude that insurance industry play a lot of role in environmental risk management and recommended that all the operators of various classes of insurance depending on the type of activities to reduce the risk that may arise from there. 
 
 TABLE OF CONTENTS
 Title
 Approval 
 Dedication 
 Acknowledgements
 Abstract
 
 CHAPTER ONE:
 INTRODUCTION
 1.1  Background of the Study
 1.2  Statement of the Problem 
 1.3  Objectives of the Study
 1.4  Research Questions
 1.5  Research Hypotheses
 1.6  Significance of the Study
 1.7  Scope and Laminations of the Study
 1.8  Definitions of the Operational Terms
      References 
 
 CHAPTER TWO: 
 REVIEW OF RELATED LITERATURE       
 2.1  The Concept of Environment
 2.2  Various Types of Environmental Activities
 2.3  The impact of Environmental Risk in the Economic Development of Nigeria
 2.4  Various Types of Risk Exposed to the Environment
 2.5  The Problems of Environmental Risk in Nigeria
 2.6  The Impact of Poor Environmental Management in Economic Development
 of Nigeria
 2.7  Concept of Insurance 
 2.8  Historical Development of Insurance Business in Nigeria
 2.9  The Role of Insurance Industry in the Environmental Risk in Nigeria
 2.10 Various Policies Insurance Industry offer to Environmental Risk.
 2.11 Various Types of Environmental Hazard in Nigeria      
 2.12 The Expected Role of the Government on Environmental Development
 2.13 The Problems of Environmental Risk Management in Nigeria
 2.14 Prospects of Effective Management of Environmental Risk Management in Nigeria
 2.15 Challenges Facing Environmental Risk Management in Nigeria
      References
 
 CHAPTER THREE: 
 RESEARCH DESIGN METHODOLOGY  
 3.1  Research Design
 3.2  Source of Data and Method of 
      Data Collection
 3.2.1Primary Sources
 3.2.2Secondary Sources
 3.3  Population of the Study
 3.4  Sampling Size and Sampling Technique
 3.5  Statistical Method of Data Presentation and Analysis
      References
 
 CHAPTER FOUR: 
 DATA PRESENTATION AND ANALYSIS   
 4.1  Data Presentation
 4.2  Data Analysis
 4.3  Testing of Hypothesis
 4.4  Discussion of Hypotheses Findings in 
      Hypothesis 1
  
 CHAPTER FIVE:
 SUMMARY OF FINDINGS,CONCLUSIONS AND RECOMMENDATIONS   
 5.1  Summary of Research Findings
 5.2  Conclusion
 5.3  Recommendations
 5.4  Suggestion for the Studies
      Bibliography
      Appendix
      Questionnaire