In recent times, global agricultural productivity has been increasingly affected by climate change. It is believed that societal adoption of insurance as an adaptive response to climate change can have significant implications for insurers. The study investigates empirically insurers' perceptions of climate change and the challenges they face in Nigeria. It examines the proposition that insurance firms in Nigeria are not mindful of the impact of climate change. The study applied the use of descriptive statistics, Kendall's coefficient of concordance and principal component analysis on collected primary data. It was found that insurers in Nigeria were highly aware of climate change and its impact but did not believe it affects their operational costs and payments of claims. Although there is great scope for insurers to increase their client base in the Nigerian market, insurers face challenges of insurance rate-cutting, low patronage and environmental factors. The study concludes that there is a need for insurance regulators to enforce a level playing field for all firms. It also advocates for public support of private insurers to enhance insurance coverage for agriculture, the largest employer of labour in the country.
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