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 […]
SCHOOL PROJECT TOPICS BY DEPARTMENT: Insurance Projects topics and materials
Project topics and materials in insurance. Download Insurance Project topics and materials
THE ROLE OF INSURANCE IN THE DEVELOPMENT OF STEEL INDUSTRIES IN NIGERIA
THE ROLE OF INSURANCE IN THE DEVELOPMENT OF STEEL INDUSTRIES IN NIGERIA CHAPTER ONE INTRODUCTION Appreciation of the topic to be discussed will not be fully attained if a brief historical review of the steel industry is not given. In the past, developing countries, Nigeria inclusive did not have a balance of economy and they […]
MANAGEMENT OF LIFE ASSURANCE FUND IN NIGERIA INSURANCE INDUSTRY (A CASE STUDY OF UNION ASSURANCE LIMITED)
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 […]
ANALYSIS OF THE BASIC PRINCIPLES OF INSURANCE UNDER THE NIGERIAN LAW OF INSURANCE
ANALYSIS OF THE BASIC PRINCIPLES OF INSURANCE UNDER THE NIGERIAN LAW OF INSURANCE CHAPTER 1 GENERAL INTRODUCTION 1.0.0 INTRODUCTION Due to the high level of illiteracy in the Nigerian society, many people are unaware of insurance policies. However, with the enactment of Insurance Decree [1], the awareness of insurance policies was enhanced. […]
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 […]
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. […]
ANALYSIS OF THE ROLE OF INSURANCE INDUSTRY IN THE PROMOTION OF CAPITAL MARKET SERVICES
ANALYSIS OF THE ROLE OF INSURANCE INDUSTRY IN THE PROMOTION OF CAPITAL MARKET SERVICES ABSTRACT The topic “Analysis of the roles of insurance industry in the promotion of capital market services” has been adequately researched on. The research identify that the roles of insurance industry in the promotion of capital market had been the major […]
PENSION REFORM ACT OF 2004 ANALYSIS OF IT’S IMPACT ON NIGERIAN WORKERS
PENSION REFORM ACT OF 2004 ANALYSIS OF IT’S IMPACT ON NIGERIAN WORKERS ABSTRACT The main purpose of this write-up was to determine the impact of pension reform Act 2004 on the Image of pension Workers in Nigeria. The pension Reform Act 2004 was characterized by some problems like non-compliance, ignorance of the benefit of the […]
A CRITICAL ANALYSIS OF THE IMPACT OF INSURANCE INDUSTRY TOWARDS ECONOMIC DEVELOPMENT OF NIGERIA
A CRITICAL ANALYSIS OF THE IMPACT OF INSURANCE INDUSTRY TOWARDS ECONOMIC DEVELOPMENT OF NIGERIA ABSTRACT Evaluation of the impact risk survey in the manufacturing firm in Nigeria. The research was aimed at evaluation the impact of risk survey in manufacturing firms in Nigeria with a case study of Emenite Limited which is the researchers’ topic, […]
THE ROLE OF CONTRIBUTORY PENSION SCHEME IN THE ECONOMIC DEVELOPMENT OF NIGERIA
THE ROLE OF CONTRIBUTORY PENSION SCHEME IN THE ECONOMIC DEVELOPMENT OF NIGERIA ABSTRACT In this research work titled the role of contributory pension scheme in the economic development of Nigeria. The researcher examined the impact of contributory pension scheme in the economic growth of Nigeria. evaluated the contribution of the scheme to the welfare of pensioners […]
PROBLEMS AND PROSPECTS OF EXTENDING INSURANCE SERVICES TO THE RURAL AREAS (A STUDY OF OBA IN ANAMBRA STATE)
PROBLEMS AND PROSPECTS OF EXTENDING INSURANCE SERVICES TO THE RURAL AREAS (A STUDY OF OBA IN ANAMBRA STATE) ABSTRACT The interest to write in this particular topic “Problems and Prospect of Extending Insurance Services to the rural areas” grow out of the present significant roles of insurance industry in extending service to the rural areas. […]
LIMITATIONS TO THE DEVELOPMENT OF INSURANCE IN NIGERIA (A STUDY OF NATIONAL INSURANCE CORPORATION OF NIGERIA NICON)
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 […]
THE ECONOMIC AND IMPORTANCE OF MOTOR INSURANCE IN OUR SOCIETY
THE ECONOMIC AND IMPORTANCE OF MOTOR INSURANCE IN OUR SOCIETY CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Insurance can be seen from many points of view according to Hezen Ibeabuchi I. (2000) introduction to insurance, she postulate that insurance is a process of transferring a risk from one party to another. Secondly, insurance can be […]
THE EFFECT OF INSURANCE INDUSTRY IN PROMOTING BANKING SERVICES IN NIGERIA (A CASE OF SKYE BANK ENUGU)
THE EFFECT OF INSURANCE INDUSTRY IN PROMOTING BANKING SERVICES IN NIGERIA (A CASE OF SKYE BANK ENUGU) ABSTRACT The aim of this research study is to identify the effect of insurance industry in promoting banking services in Nigeria. (A study of Skye Bank Enugu Metropolis). The objectives of this research work is to examine […]
THE GROWTH AND CONTRIBUTION OF LIFE ASSURANCE BUSINESS IN NIGERIA
THE GROWTH AND CONTRIBUTION OF LIFE ASSURANCE BUSINESS IN NIGERIA ABSTRACT This research work, the researcher examined the growth and contribution of life assurance business 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 […]
GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS
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 […]
THE EFFECT OF RECRUITMENT, SELECTION PLACEMENT ON ORGANIZATIONAL EFFECTIVENESS (A STUDY OF AFRICAN SAFETY INSURANCE COMPANY OKPARA AVENUE ENUGU)
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 […]
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 PROBLEMS OF DEBT MANAGEMENT IN FINANCIAL INSTITUTION (A STUDY OF UNION BANK PLC GARDEN AVENUE ENUGU)
THE PROBLEMS OF DEBT MANAGEMENT IN FINANCIAL INSTITUTION (A STUDY OF UNION BANK PLC GARDEN AVENUE ENUGU) ABSTRACT This work is to carryout research on debt recovery techniques in the banking sector issues, problems and prospects (A study of Union Bank of Nigeria plc). This research will expose how non-distressed banks bring effective resolution to […]
THE CONTRIBUTIONS OF INSURANCE IN THE SPORTS SECTOR OF NIGERIA
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 […]
THE EVALUATION OF THE EFFECT OF NATIONAL HEALTH INSURANCE SCHEME IN ENHANCING HEALTH CARE DELIVERY IN ENUGU METROPOLIS
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 […]
THE IMPORTANCE AND ROLES OF INSURANCE INDUSTRY IN NIGERIA ECONOMY
ABSTRACT The need for this research paper is partial fulfillment of the researcher’s program in insurance and as a result of the need to know the importance and roles of insurance industry in Nigeria economy. This research has resulted in the researchers going out of the study to discuss with people not engage in the […]
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. […]
IMPACT OF PENSION AND GRATUITY ON THE LIFE OF RETIREES (A STUDY OF ENUGU STATE PENSION BOARD)
ABSTRACT The research Project titled “The broad objective of this research work is to the impact of pension and gratuity on the life of retirees with particular reference to Enugu State pension board. The researcher examined why Enugu State Pension Board do not pay pension regularly. Determined the effect of non implementation of gratuity on […]
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 […]
RISK MANAGEMENT AS AN EFFICIENT MEANS OF ACHIEVING CORPORATE OBJECTIVES
ABSTRACT This research work titled “Risk management as an efficient means of achieving corporate objectives” Some of the problems that led to this research work includes poor risk management in the country and non performing of duty by insurance practitioners. This research work examined the various problems facing the insurance practitioners which has been […]
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 […]
LOCAL CONTENT AND GROWTH OF NIGERIA RE-INSURANCE AN OVERVIEW
ABSTRACT This study evaluate the expected impact local content on the growth and development of reinsurance in Nigeria. The historical, problems and challenges facing the growth and development of reinsurance business in Nigeria. The prospect efficient and affective management of reinsurance industry. Hence, the concept of local content in oil and gas reinsurance business stating […]
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 ROLE OF INSURANCE COMPANIES IN THE DEVELOPMENT OF NIGERIAN ECONOMY
ABSTRACT Insurance by nature, is not a modern day concept. It has a development history of so many – centuries. The art of insurance has grown as a result of individual, corporate bodies and government need for the fortunes of lives and business. Therefore, the types and classes of account were those which were expected […]
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 […]
MARKETING OF LIFE ASSURANCE POLICIES IN NIGERIA
ABSTRACT In Nigeria the issue of taking life assurance policy has been neglected in the sense that at this presence time, it is estimated that not up to two percent (2%) of Nigerians own life assurance policies due to poor education and inappropriate marketing strategies for this fact, the benefits and role life assurance plays […]
THE EFFECT OF RISK SURVEY IN A MANUFACTURING FIRM
ABSTRACT The effect of risk survey in a manufacturing firm (a case of emenite Plc). Is over emphasized. Risk is the center of human activities and a manufacturing firm like Emenite will need the activities of risk management to survey. So it is only when there is adequate risk survey that the risk manager will […]
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 […]
HEALTH INSURANCE – AN EVALUATION OF THE EFFECT OF HEALTH MAINTENANCE ORGANISATION IN THE NIGERIA ECONOMY
ABSTRACT This study focused on the operation and the evaluation of the effectiveness of the Health Maintenance organization. The aim of the study was to investigate if the Health Maintenance organizations who are the administrator of the scheme are running the scheme well in Nigeria. Further to investigate if access to medical care is cheaper […]
IMPACT OF MANAGEMENT INFORMATION SYSTEM (MIS) ON THE INSURANCE INDUSTRY IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background to the study Insurance businesses are today much more concerned about the effect of competition than they were a few years ago. They must react to the competitive threats not only from local source but also from regional, national and international source; likewise they must seek to explore all opportunities […]
REINSURANCE PRACTICES AND UNDERWRITING CAPACITY OF INSURERS IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Insurance is a provision of a system of compensation for loss, damage, sickness, death and other unbearable circumstances in return for regular payment of a pre-determined premium (Ekanem, 2011). Insurance companies are important for both businesses and individuals as they indemnify the losses and put them in the […]
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 […]
WILLINGNESS TO PAY FOR HEALTH INSURANCE AMONG INFORMAL SECTOR PRACTITIONERS
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Economists often emphasize that demand should not be confused with need, desire or want. The need, want, or desire for a good or service that is backed-up with the willingness and ability to pay is what is termed as demand. Obviously, in a country like Nigeria where poverty […]
EFFECT OF MOTIVATION ON THE PRODUCTIVITY OF EMPLOYEES IN THE NIGERIAN INSURANCE INDUSTRY
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY: The role of motivation on the productivity of employees in any organization cannot be overemphasized. Now, research on the subject of motivation has advanced greatly in western countries; this cannot be said for developing economies like Nigeria (Ituma et al, 2011). The goal of employee motivation is to […]
EFFECTS OF CONSUMER PERCEPTION ON THE DEMAND FOR LIFE INSURANCE PRODUCTS
CHAPTER ONE INTRODUCTION 1.0 BACKGROUND TO THE STUDY: Life insurance companies are financial intermediaries that bring together the surplus spending unit (insured) and the deficit spending unit (insurer) for the purpose of the insurer protecting the financial interest of the beneficiary in the event of the demise of the insured (Impavido and Musalem, 2000). In this […]
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 […]
EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES
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 […]
CREDIT RISK MODELLING TECHNIQUES FOR LIFE INSURERS
CHAPTER ONE INTRODUCTION Background of the study This study examines the factors that influence the techniques of credit risk modeling for life insurers in Nigeria – a major developing economy of sub-Sahara Africa. Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.In the […]
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 […]
THE ROLE OF INSURANCE SCHEME IN HEALTH SERVICES IN NIGERIA
ABSTRACT The insurance scheme health services have been playing dominant role in improving health services in Nigeria. This research work was carried out to survey the problems, abuses and effect of insurance scheme in health services. The main aims of this organisation is to ensure that all its citizens receive good medical services. Also to […]
DEVELOPING COOPERATIVE INSURANCE IN NIGERIA: PROBLEMS AND PROSPECTS
ABSTRACT This study looks into the problems and future prospects of Insurance Co-operative in Nigeria. A survey was conducted in this country to obtain field information on the view of participants in developing co-operative insurance in Nigeria.In making research, it was discovered that Insurance Co-operative has been faced with some major problems like lack of […]
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 […]
FUNDS FLOW ANALYSIS OF THE INSURANCE COMPANIES IN NIGERIA
FUNDS FLOW ANALYSIS OF THE INSURANCE COMPANIES IN NIGERIA ABSTRACT Funds refer to cash equivalent or to working capital. The fundamental concept of working capital is relatively simple. It is used to denote the excess of current assets over current liabilities. The excess is sometimes referred to as “Net working capital and it can also […]
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 […]
UNPOPULARITY OF MODERN INSURANCE IN NIGERIA
UNPOPULARITY OF MODERN INSURANCE IN NIGERIA ABSTRACT The aim of this project is to bring out the reason why modern insurance is unpopular in eastern part of Nigeria a case study of Enugu states. Insurance plays a vital role in the economy but the eastern parts is yet to be insurance conscious. Chapter one of […]
ESTABLISHMENT OF INSURANCE AGENCY IN INSTITUTE OF MANAGEMENT AND TECHNOLOGY (I.M.T): PROBLEMS AND PROSPECTS
ABSTRACT This project is a pure study on the appreciation of insurance discipline in our institution. The idea of this study is to ascertain the potential insurance buyer in the institute of management and technology, Enugu and also if the staff will purchase insurance from insurance Agency if established in the institute. Moreover to carry […]
DEVELOPMENT OF NEW PRODUCT IN NIGERIA INSURANCE INDUSTRY
ABSTRACT The topic of this research work is the development of new products in Nigeria Insurance Industry, the work include the background of the study, statement of the problems, the objective of the study and research questions, other areas treated include significant of the study, scope and limitations, definition of terms. Chapter two cover review […]
EVALUATION OF PROBLEMS FACING NATIONAL HEALTH INSURANCE SCHEME IN NIGERIA
ABSTRACT This research work is on the Problem Facing National Health Insurance Scheme in Nigeria. The source of data for the work area oral interview and questionnaire, the population of the study was drawn from both national and state hospitals in Enugu. Samples of questionnaires were distributed to the respondents. The instruments used are oral […]
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 […]
RISK MANAGEMENT: MEANS OF MINIMISING ACCIDENT IN THE AVIATION INDUSTRY IN NIGERIA
ABSTRACT Our risk exposures are influenced by our economy, lifestyles, psychical well being, occupation, environment etc., there variables are dynamic therefore risk managers and analyst must be dynamic in their choice of tools to manage risk exposures. In their choice of tools to manage risk exposures, in this project all the knowledge that might be […]
AN EVALUATION OF MERGER AND AQUISITION ON THE INSURANCE COMPANY ON THE NIGERIAN ECONOMY
CHAPTER ONE 1.0 BACKGROUND TO THE STUDY A business combination may take the form of either a merger oran acquisition. A merger is defined as the situation where two or morecompanies combine together to form a larger business organisation.On the order hand, an acquisition involves the purchase of controllingshare in another company. Klime Poposki defined […]
MARKETING OF MOTOR INSURANCE POLICIES IN NIGERIA; PROBLEMS AND PROSPECTS
ABSTRACT This research work focused on the Marketing of Motor Insurance in Nigeria; the problems facing and hampering smooth marketing of the policy in Nigeria, as well as motor insurance has in Nigeria. The motor insurance is one of the compulsory insurance in Nigeria (third party) under section 68 of Insurance Act 2003. The motor […]
INTANGIBILITY OF INSURANCE POLICIES AS A SET BACK TO BETTER SERVICE DELIVERY IN NIGERIA
ABSTRACT Intangibility of insurance policies as set back to better service delivery is the topic under discussion. This is eth modification of insurance policies or the companies ways of doing things over the years. The work is divided into five chapters. Chapter one deals with the introduction, statement of problems, objectives of the study, research […]
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 […]
THE PROCEDURES AND WAYS OF PAYMENT OF PENSION AND GRATUITY TO RETIRED CIVIL SERVANTS
ABSTRACT This project is divided into different stages for ease of reference and simplification for analysis which goes as follows:- The introduction of pension and gratuity, the background of the study which states the provision of pension and gratuity to retired civil servants in Enugu State by government though taxation. But in the private sector, […]
IMPACT OF TRAVEL INSURANCE ON THE SECURITY OF TRAVELERS
CHAPTER ONE INTRODUCTION 1.1 Background of the study Travel insurance will often pay for any travel, medical, or dental expenditures incurred by a traveller while they are away from home. It will also make arrangements for the tourist’s aeromedical evacuation if certain requirements are met, as outlined in the travel insurance policy. Because of the high […]
THE IMPACT OF MANPOWER DEVELOPMENT IN INSURANCE INDUSTRY
ABSTRACT This research study is an attempt to X-ray and given an indepth analysis of the importance and effectiveness of training programmes in Niger Insurance Plc. Training is a vital and necessary activity in all organization, it plays a large part in determination, it plays a large part in determining the effectiveness and efficiency of […]
MARKETING CONCEPTS A SURE WAY OF ENHANCING GROWTH IN THE SALE OF INSURANCE SERVICES
ABSTRACT This project aims to apprise the Marketing Concepts a Sure Way of Enhancing Growth in the Sale of Insurance Services. Inspite of the growing number of insurance companies in Nigeria, its growth is still being hindered because the insurance sector still witness a low level confidence in the insuring public, the general patronage is […]
THE ROLE OF NATIONAL INSURANCE COMMISSION (NAICOM) IN THE PROMOTION OF NIGERIA INSURANCE MARKET OPPORTUNITY
ABSTRACT The Nigerian insurance market, like that of so many other countries around the world, has a long way to go in serving the needs of the ordinary people. Indeed, insurance is currently still very much for the elites and the formally employed. The insurance market here encountered challenges. The major is the issue of […]
THE ROLE OF INSURANCE IN THE DEVELOPMENT OF STEEL INDUSTRIES IN NIGERIA
CHAPTER ONE INTRODUCTION Appreciation of the topic to be discussed will not be fully attained if a brief historical review of the steel industry is not given. In the past, developing countries, Nigeria inclusive did not have a balance of economy and they urgently needed to be rescued from their under development trap. This they […]
EQUIPMENT LEASING AS A SOURCE OF FINANCE IN CONSTRUCTION INDUSTRY
ABSTRACT The aim of this study is to find out how the establishment of Equipment Leasing in the Federation has helped in financing investment. To carry out this study, four research questions were formulated. In this study, a questionnaire was used to collected relevant data from the staff of Marlum Construction Company, Emene, Enugu. The […]
CLAIMS MANAGEMENT AND PROFITABILITY OF INSURANCE COMPANIES IN NIGERIA
ABSTRACT The main objective of this study is to analyse the effects of claims settlement on the profitability of Nigeria Insurance industry. The study adopts descriptive and analytical method of historical and time series data. The study was conducted to cover the period from 1986 to 2011 (twenty-five years). The secondary data used for the […]
INSURANCE COMPANIES AND THEIR IMPACT ON ECONOMIC DEVELOPMENT OF NIGERIA
ABSTRACT Business produce goods and services to satisfy the demand of customers. Much as these businesses declare profit year-in-year-out, they also face element of risk and uncertainties that may causes losses. This includes fire, theft, damage by artificial or natural agents and so forth. The business men in the olden days engage into economic activities […]
THE IMPACT OF PROMOTIONAL STRATAEGY ON THE DEVELOPMENT OF INSURANCE IN NIGERIA
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 […]
THE ACTUARIST ANALYSIS OF NIGERIA RE-INSURANCE MANAGEMENT IN DEVELOPMENT OF THE ECONOMY
ABSTRACT The aim of this project is to review and evaluate both physical, social and economic effect of the acturist analysis of Nigeria Reinsurance management in development of an economy. This points out how reinsurance policy govern and speculate all over the world and for back as 1324 by the merchant. It as well weight […]
THE EFFECT OF BANKING CONSOLIDATION ON THE ACTIVITIES OF INSURANCE INDUSTRY IN NIGERIA
ABSTRACT The effect of Banking consolidation on the activities of insurance industry in Nigeria (A case study of AILCO Plc) The consolidation experience of the Nigeria banking sector commended as a result of the monumental reform of the banking system which started on July 6, 2004 at the 23rd meeting held at the Central Bank of […]
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 […]
AN APPRAISAL OF THE OPERATION OF INSURANCE ASSOCIATIONS IN NIGERIA
ABSTRACT This work did not come by accident or by sudden, it is a study which has been thought over time. The researcher had a lot of things I =n mind, before he chooses it as a topic of study. As a matter of facts. This research work took into consideration” an appraisal of the […]