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CONTRIBUTIONS OF INSURANCE IN THE MANAGEMENT OF RISK IN NIGERIA OIL INDUSTRIES (A STUDY OF SHELL PETROLEUM PLC)

CONTRIBUTIONS OF INSURANCE IN THE MANAGEMENT OF RISK IN NIGERIA OIL INDUSTRIES (A STUDY OF SHELL PETROLEUM PLC) CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Nigeria’s economy before independence and shortly afterward largely depended on agriculture. This is because a good number of its citizens are farmers. Intact about 70% of the Nigerian populace […]

MANAGEMENT OF LIFE ASSURANCE FUND IN NIGERIA INSURANCE INDUSTRY (A CASE STUDY OF UNION ASSURANCE LIMITED)

CHAPTER ONE INTRODUCTION 1.1     Background Of The Study It is common to report of business failing than business succeeding almost always, the failure or success of a business can be attributed to its management. When a business is mismanaged, it will lead to liquidation the company will not meet their  solvency margin thereby running away from […]

AN ASSESSMENT OF THE IMPACT OF EXCHANGE RATE FLUCTUATIONS ON ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study investigates on “An assessment of the impact of exchange rate fluctuations on economic growth in Nigeria”. The researcher uses multi-regression analysis to capture his result, by applying ordinary least square (OLS) techniques. The dependent variable Real Exchange rate (RER) was captured by independent variables which include; Real Gross Domestic Product (RGDP), Real […]

ELECTORAL VIOLENCE IN NIGERIA POLITICS A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT AWARD OF DEGREE IN POLITICAL SCIENCE

ABSTRACT The Nigerian second Republic 1979 – 83 political system was base on the struggle for power among parties. This involves conflicts of interest and the actors are always eager to achieve their interest at the expense of others. Therefore, to achieve their respective ultimate aims they reports to bickering and violence. Electoral violence in […]

LEGISLATIVE PROCESS AND DEMOCRATIC PRINCIPLES IN NIGERIA POLITICS

ABSTRACT The thematic thrust of the emergent research is on the presentation of systematic and comprehensive critical analysis of the legislative process and democratic principles in Nigeria politics. Critical appraisal of the legislature an important organ of government in democratic process in Nigeria is vital for the upliftment of political and socio-economic development of Nigeria. […]

LIMITATIONS TO THE DEVELOPMENT OF INSURANCE IN NIGERIA (A STUDY OF NATIONAL INSURANCE CORPORATION OF NIGERIA NICON)

ABSTRACT Regulation of Nigeria’s insurance industry has become substantially intensified in the last two decades. This paper critically evaluates the philosophy and challenges of insurance regulation in the context of post-authoritarian governance and increasing economic liberalization in Africa’s potential largest insurance market. The last two decades has witnessed among others, government regulatory intervention through the […]

GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS

ABSTRACT The aim of this research work is to appraise the problems and prospects of government supervision and control of insurance industry in Nigeria”. The specific objectives of this research study include the following: To examine the adequacy of government supervision and control of the insurance industry. To investigate the extent to which corporate governance […]

THE EFFECT OF RECRUITMENT, SELECTION PLACEMENT ON ORGANIZATIONAL EFFECTIVENESS (A STUDY OF AFRICAN SAFETY INSURANCE COMPANY OKPARA AVENUE ENUGU)

Abstract The effect of recruitment, selection and placement of an employee in the right position in organization cannot be over emphasized. One of the test of an efficient personnel department is its ability to fill job position promptly and adequately. This means that the department must know the source of different type of applicants for […]

THE IMPACT OF MOTOR INSURANCE POLICY ON THE GROWTH AND DEVELOPMENT OF THE ECONOMY (A STUDY OF NICON INSURANCE)

ABSTRACT This research work titled “The impact of motor insurance policy on the growth and development of the economy” Nigeria  motorist are not embracing motor insurance policies and one of the objectives are to know why Nigeria motorist embrace motor insurance policies, and the scope of the study is NICON insurance motor Department, The information for […]

THE ROLE OF INSURANCE MIDDLEMAN IN THE GROWTH AND DEVELOPMENT OF INSURANCE BUSINESS (A CASE STUDY OF ALPHA BROKER)

ABSTRACT This research work, the researcher examined the role of insurance middlemen in the growth and development of insurance business. The information for the study was collected using primary and secondary methods of data collection. For a primary data collection, while existing literature relevant to the topic was consulted for the secondary data. The research […]

AN APPRAISAL OF THE NIGERIAN INSURANCE COMPANIES APPROACH TO CLAIM SETTLEMENT (STUDY OF AFRICAN ALLIANCE INSURANCE COMPANY)

ABSTRACT The aim of this research study is to appraise the Nigeria insurance companies approach to claim settlement. A study of Africa Alliance Insurance company in East Central region. The objectives of this research work include the following: To find out if illiteracy or ignorance of the insuring public affect the ability of the insurers […]

THE CONTRIBUTIONS OF INSURANCE IN THE SPORTS SECTOR OF NIGERIA

ABSTRACT In this research work titled ‘The contributions of insurance in the sports sector of Nigeria. The researcher investigated why Nigerian sports sector do not embraces insurance protection. Investigated the factors militating against the insurance industry not to create adequate awareness about sports insurance protection. The information for the study was collected using primary and secondary […]

THE EVALUATION OF THE EFFECT OF NATIONAL HEALTH INSURANCE SCHEME IN ENHANCING HEALTH CARE DELIVERY IN ENUGU METROPOLIS

ABSTRACT The project on the topic evaluation of the effect of natural health insurance scheme in enhancing health care delivery in Enugu metropolis was discussed chapter by chapters. First in the introduction was attempt of adopting a health insurance system in Enugu and also to look into starting a health insurance system in Nigeria. Which […]

THE CONTRIBUTION OF AGRICULTURAL INSURANCE TO THE NIGERIAN ECONOMY (A STUDY OF NAIC NIGERIA AGRICULTURAL INSURANCE CORPORATION ENUGU STATE)

Abstract The agricultural sector, as importance as it is exposed to extremely high degree of disk arising out of natural factors like weather conditions. Uncertainties, regarding the quality and quality of the crop/livestock output due to natural hazards, are one of the basic risks that are constantly faced by every farmer. But majority of farmers […]

ENSURING POSITIVE CONSUMERS ATTITUDE TOWARDS INSURANCE CONTRACT IN NIGERIA (A STUDY OF IGI ENUGU)

ABSTRACT This project is designed to determine the attitude of the general public towards insurance contract in Nigeria. The topic to be discussed is “ensuring positive consumers attitude towards insurance contract in Nigeria. A study of IGI Enugu”. In chapter one of this work, I treated the introduction, significance of the study, statement of problems […]

THE IMPACT OF GLOBALIZATION OF FINANCIAL SERVICE ON THE DEVELOPMENT OF NIGERIAN INSURANCE INDUSTRY (A STUDY OF IGI)

ABSTRACT The study sought to investigate the impact if globalization of financial services on the development of Nigerian Insurance industry (A study of IGI). Globalization refers to the process of the intensification of economic, political, social and cultural relations across boundaries, and it is principally aimed at the homogenization of political and socioeconomic across boundaries. […]

MARKETING OF LIFE ASSURANCE POLICIES IN NIGERIA PROBLEMS AND PROSPECTS

ABSTRACT This research work, the researcher examined the problems and prospects of marketing of life assurance policies in Nigeria. The information for the study was collected using primary and secondary methods of data collection. For the primary data collection, questionnaire was used while existing literature relevant to the topic was consulted for the secondary data. […]

THE ROLE OF AGRICULTURAL INSURANCE IN ENHANCING AGRICULTURAL PRODUCTIVITY (A CASE STUDY IN UZO-UWANI L.G.A) 

ABSTRACT Insurance is needed in order to alleviate the financial losses suffered by policy holders or the general public where the liability under policy is a contingent’s one. Therefore agricultural insurance takes care of the losses suffered by the farmers. To do this very successfully by an underwriter the compensation has to be made from […]

IMPLEMENTATION OF A COMPUTERIZED MANAGEMENT SYSTEM IN INSURANCE INDUSTRY 

ABSTRACT The study examines the implementation of computerized management system in insurance industry.  It identifies the imperatives for adoption of technology to promoting efficient and effective service delivery in the insurance industry as a strategy for attainment of profit maximization objectives of insurance company in Nigeria. The study is an empirical design which utilizes responses of […]

EXAMINATION OF THE IMPACT OF LARGE NUMBERS APPROACH IN THE VALUATION OF LIFE ASSURANCE BUSINESS (A STUDY OF IGI LIFE ENUGU OFFICE)

ABSTRACT Evaluation of the impact of large numbers approach in the valuation of life assurance business using industrial general insurance as a study. the statement of problem ranging from the fact that life assurance valuation has not been adequately impact on the economy, also good valuation model improves the profitability of life assurance firm, also […]

THE ANALYSIS OF THE RELATIONSHIP BETWEEN PREMIUM AND CLAIM SETTLEMENT IN NIGERIA INSURANCE INDUSTRY (BETWEEN THE YEAR 2002-2012)

ABSTRACT Insurance industry plays active in economic development of any nation. No developed or developing nation can do without insurance. For the proposed insured to be covered there must be a consideration. It is this consideration that is called premium, the law of Insurance States that no cover without premium on the other hand, as […]

THE ROLE OF INSURANCE COMPANY IN NIGERIA AS NON-BANKING FINANCIAL INSTITUTION: PROBLEMS AND PROSPECTS: A CASE STUDY OF LIMITED NIGERIA INSURANCE COMPANY (UNIC) 

ABSTRACT This study attempt to provide a general information and knowledge about the impact of insurance companies in the business world. A case study of business organization in Benin City. The scope of the research is based on principally on their (insurers) impact o businessmen, individual and business world. There are set down objectives for […]

THE PROBLEMS ENCOUNTERED BY INTERMEDIARIES IN THE NIGERIA INSURANCE INDUSTRY AND THE FUTURE PROSPECTS

CHAPTER ONE 1.0              INTRODUCTION 1.1       BACKGROUND OF THE STUDY the need for intermediaries in insurance market in Nigeria is an issue which its important cannot be over emphasized. Research has shown that the problems encountered by the intermediaries has an impact on the growth of insurance level in our society, there is a wide spread of […]

THE IMPACT OF PROPER UNDERWRITING IN PROMOTING INSURANCE IMAGE IN NIGERIA (A STUDY OF NIGER INSURANCE PLC)

ABSTRACT Insurance companies are legal entities that cover the insured against certain unexpected occurrence of an event in exchange for payment of a predetermined amount of money called premium. In underwriting insured risks insurance companies do accepts risks that have different risk profile but the acceptance of those risks are under different conditions which they […]

THE EFFECT OF CONSUMER BEHAVIOR ON INSURANCE BUSINESS IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1       Background of the study Since the end of Second World War, The insurance industry the world over has experienced   remarkable growth.  Concurrent with this growth has been significant changes within the industry.  The Nigerian insurance industry is not unaffected by this general growth malady. The growth of multiple line transition, introduction of package policies, the […]

EMPIRICAL INVESTIGATION OF INSTITUTIONAL FACTORS THAT INHIBIT MEMBERS OF THE PUBLIC ATTITUDES TOWARDS LIFE INSURANCE CONSUMPTION

CHAPTER ONE INTRODUCTION 1.1       Background of the study Since the end of Second World War, The insurance industry the world over has experienced   remarkable growth.  Concurrent with this growth has been significant changes within the industry.  The Nigerian insurance industry is not unaffected by this general growth malady. The growth of multiple line transition, introduction of package policies, the […]

THE IMPACT OF GOVERNMENT POLICIES IN REGULATING THE ACTIVITIES OF NIGERIA INSURANCE INDUSTRY

ABSTRACT The purpose at this research is concerned on the impact of the government policies in regulating the activities of insurance companies operating in Nigeria. The government responsibility to supervise, regulate and control the activities of insurance companies and intermediaries is to protect the interest of the insuring public and to save them from exploitation by […]

THE IMPACT OF THE GOVERNMENT POLICIES IN REGULATING THE ACTIVITIES OF INSURANCE COMPANIES IN NIGERIA

ABSTRACT The purpose of this research is concerned on the impact of the government policies in regulating the activities of insurance companies operating in Nigeria. The government responsibility to supervise, regulate and control the activities of insurance companies and intermediaries is to protect the interest of the insuring public and to save them from exploitation […]

SOCIAL MEDIA: EFFECTS ON MARKET SHARE IMPROVEMENT IN SERVICE INDUSTRY

CHAPTER ONE BACKGROUND TO THE STUDY 1.0       INTRODUCTION “Marketing and marketing communications mix is changing. New insights, new tools, new opportunities and new challenges are emerging as the 21st century progresses. The world’s 61/4 billion consumers and almost 400 million business customers are becoming increasingly accessible” (Smith and Taylor, 2004, p 4) which makes them ready targets for […]

IMPACT OF POOR CLAIMS SETTLEMENT ON THE DEMAND FOR INSURANCE

CHAPTER ONE INTRODUCTION 1.1    Background of the Study Insurance is usually an intangible product for clients until they receive a payment for an insured loss. The claims experience can therefore significantly influence the client’s understanding of and satisfaction with insurance. A positive claims experience may result in a long-term client and champion of the insurance programme. […]

EFFECT OF BRAND EQUITY MEASUREMENTS ON SERVICE DELIVERY IN THE NIGERIAN INSURANCE INDUSTRY

CHAPTER ONE INTRODUCTION 1.1       Background to the Study In today’s economy, the financial services industry that insurance belongs is exposed to increasing performance pressures and competitive forces (Goergen, 2001). Modern media, such as the internet, have created new challenges for this industry (Fuchs, 2001). New business concepts, a change in client sophistication and an increasing number […]

THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY

CHAPTER ONE INTRODUCTION 1.1    Background of the Study The history of insurance industry in Nigeria according to Augustine and Bamidele (2013) could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up, […]

AN APPRAISAL OF CONTRIBUTORY PENSION SCHEME AND RETIREES’ WELFARE IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1   Background to the Study Pension systems have become major elements of social development in the twentieth century, with particularly important effects on the well-being of older persons in our society. The past few years in Nigeria have witnessed concerted efforts by the various successive governments in the country at improving the living […]

EFFECTS OF CORPORATE GOVERNANCE ON ORGANIZATIONAL PERFORMANCE IN NIGERIA’S INSURANCE INDUSTRY

CHAPTER ONE INTRODUCTION 1.1       Background to the Study Corporate governance has in recent years become a topical issue both in business and academic circles. The concern in business arose out of the perceived importance that a tradition should be developed that supports moral and ethical conduct in business affairs which will create a general climate (both […]

DEMOGRAPHIC FACTORS AND MARKETING OF LIFE INSURANCE POLICIES IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND TO THE STUDY The role played by insurance institutions in a post-modern economy cannot be over emphasized. The insurance firms as financial intermediaries play a significant role within a nation’s financial system by mobilizing funds from the surplus economic unit and channeling it to the deficit investment unit of the economy. […]

EFFECTS OF CORPORATE IMAGE ON FINANCIAL PERFORMANCE OF INSURANCE COMPANIES IN NIGERIA

EFFECTS OF CORPORATE IMAGE ON FINANCIAL PERFORMANCE OF INSURANCE COMPANIES IN NIGERIA CHAPTER ONE INTRODUCTION 1.1       Background of the Study Insurance industry has been recognized globally as a driver of economic growth and development. The industry provides financial security to policy holders, through the pooling and investment of premiums out of which those who suffer unexpected […]

FACTORS THAT DETERMINE THE CHOICE OF INSURANCE COMPANIES AMONG CORPORATE INSURANCE BUYERS

CHAPTER ONE INTRODUCTION 1.1    Background of the Study The advent of insurance industry in Nigeria could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up with lot of inadequacies, like lack […]

FOREIGN INVESTMENT AND FINANCIAL GROWTH OF COMPANIES IN INSURANCE SECTOR NIGERIA

FOREIGN INVESTMENT AND FINANCIAL GROWTH OF COMPANIES IN INSURANCE SECTOR NIGERIA CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Globalization has led to a rapid growth in the number of multinational enterprises (MNEs) that have been investing abroad in recent years. Foreign Direct Investment (FDI) has become enormously significant as the magnitude of international business has […]

IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON THE GROWTH OF NON-LIFE SECTOR OF THE NIGERIAN INSURANCE INDUSTRY

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY From time immemorial, information has always played a prominent role in human life but the emergence of social progress and the vigorous development in science and technology has immeasurably increased the role of information in every facet of human endeavour. The rapid expansion of a mass of diversified […]

INSURANCE EDUCATION AND THE DEMAND FOR LIFE INSURANCE IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1       Background to the Study The history of insurance industry in Nigeria could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in the UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up with many inadequacies which in […]

CONTRIBUTION OF INSURANCE COMPANIES TO THE GROWTH OF SMALL AND MEDIUM BUSINESS IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY The insurance industry is a highly specialized industry that gives greater security to the fortunes of entrepreneurs and the whole society. It is one of the financial institutions in Nigeria today that could aid the growth of small and medium scale businesses. It is on this knowledge that Egeria […]

EFFECTS OF RISK MANAGEMENT PRACTICES ON THE PERFORMANCE OF INSURANCE COMPANIES IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1   Background to the Study Insurance companies play an important role in the financial services sector of most countries by lowering total risk, contributing to economic growth and efficient resource allocation, reducing transaction costs, creating liquidity, facilitating economies of scale and spreading financial losses (Duompos, Gaganis, and Pasiouras, 2012). They do this through […]

NEXUS BETWEEN UNDERWRITING OPERATION AND FINANCIAL PERFORMANCE OF NON-LIFE INSURANCE COMPANIES IN NIGERIA

CHAPTER ONE INTRODUCTION Background of the study In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and […]

SURVEY ON MARKET RISK IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1  Background of the study Market risk is the risk that the value of an investment will decrease due to moves in market factors. It can also be said to be the risk to an institution resulting from movements in market prices, in particular, changes in interest rates, foreign exchange rates, and equity and commodity prices. Market risk is often propagated by other forms […]

CONTRIBUTIONS OF INSURANCE IN THE MANAGEMENT OF RISK IN NIGERIA OIL INDUSTRIES

CONTRIBUTIONS OF INSURANCE IN THE MANAGEMENT OF RISK IN NIGERIA OIL INDUSTRIES ABSTRACT This project is on the topic titled “The Insurance Contribution in the Management of Risk in Nigeria Oil Industry” The work is divided into five chapters. Chapter one deals with background of the study, statement of problems that led to the research […]

ANALYTICAL STUDY OF MERGER AND ACQUISITIONS IN THE INSURANCE INDUSTRY IN NIGERIA

ANALYTICAL STUDY OF MERGER AND ACQUISITIONS IN THE INSURANCE INDUSTRY IN NIGERIA ABSTRACT This project is divided into different stages for ease of references of simplification of analysis which goes as follows: The introduction of mergers and acquisition, the background of the study which state the different problems that brought about mergers and acquisition which […]

AN EVALUATION OF THE ROLE OF DISCOUNT HOUSES IN THE NIGERIAN FINANCIAL SYSTEM

ABSTRACT The introduction of discount houses into the Nigerian financial sector in 1993 was a well-applauded idea especially owing to the need for a well-established secondary market for the discounting/re-discounting of government securities as well as other eligible financial instruments. With over ten years of discount house operations in Nigeria, the question of evaluating their […]

THE VOLUME OF MARINE INSURANCE BUSINESS IN AN INSURANCE FIRM AND ITS IMPACT ON CORPORATE TURNOVER

ABSTRACT This project is purely an academic exercise presented to the department of insurance, IMT, Enugu in partial fulfilment of the requirement for the award of higher national diploma in insurance From the project titled” the VOLUME Of MARINE INSURANCE ON CORPORATE TURNOVER”. This research work looks into the relatives contribution of marine insurances to […]

MOTOR INSURANCE PRACTICE IN NIGERIA

ABSTRACT Motor Insurance in Nigeria started before the coming of Britain into the country. The modern insurance was introduced to Nigerians by European Trading Companies, which establish merchants as agents for insurance business. The first insurance company in Nigeria is Royal Exchange Assurance Company, which has its headquarters in Lagos by 1921. The introduction of […]

THE IMPORTANCE OF INSURANCE IN FIELD OF MARKETING CONCEPTS: A SURE WAY OF ENHANCING GROWTH IN THE SALE OF INSURANCE SERVICES

ABSTRACT New products and innovations are the basis for the existence for today’s big business and the foundation for tomorrow’s growth industries. This project on market concept a sure of enhancing growth in the selling of insurance service. This work was divided into five chapters. The first chapter was the introduction and background of the […]

AN EVALUATION OF MARKETING OF TERM ASSURANCE IN NIGERIA

ABSTRACT A close look at the Nigeria insurance market indicate that the sale and purchase of term, assurance policy is declining.  And this decline was assumed an unpro-portinate dimension since the Nigerian’s independence in 1969, hence it calls for urgent attention. This research therefore is intended to provide empirically both the conceptual and operational views […]

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