The objective of this research work is to look into the performance of the Nigerian insurance industry viz a viz the procedure and approach to claim settlement. Individuals hold diverse opinion about this industry and the general impression is that the insurance industry has failed to win the confidence of the insuring public. Often… Continue Reading
In this research study titled an evaluation of the role of NDIC to bank depositors and their services adequacy. The objective of the study was to know if the purpose of introduction of NDIC in the Nigeria financial institution has actually actualized its aim sine 1989 till date. The researcher used oral interview and questionnaire to… Continue Reading
A study of the detection and checks of claims fraud operation starts from the propose insured who offers a business contract to the insurer by completing the proposal form. Questa with appropriate answers. The insurer on the often hard inspect the paid of the insured before the insured could course for the settlement of claims… Continue Reading
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 be able to identify various risk… Continue Reading
This study investigates the determinants of the effect of consumer behaviour on insurance business in Nigeria. It analyze the interpretation of data collection from respondents. The research questionnaire were draw to get data from banking, civil service, self-employed, married/single and divorced. The result of the questionnaire… Continue Reading
This project work is entitled, the impact of insurance on the economic development of Nigeria. It was carried out in NICON Insurance Corporation Lagos as a case study. The objective of this research is to comprehensively examine the impact of Insurance on the economic development of Nigeria. This study is categorized into five (5)… Continue Reading
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… Continue Reading
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… Continue Reading
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… Continue Reading
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… Continue Reading
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,… Continue Reading
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… Continue Reading
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… Continue Reading
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… Continue Reading
THE CONTRIBUTION OF INSURANCE COMPANIES TO THE GROWTH OF SMALL AND MEDIUM SCALE BUSINESSES IN UYO (A CASES STUDY OF NICON) ABSTRACT The purpose of this study was to establish the relationship between the contributions of insurance companies and the growth of SMEs in NICON basing on the following objectives; to examine major factors that affects… Continue Reading
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… Continue Reading
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 is still a… Continue Reading
CHAPTER ONE BACKGROUND OF THE STUDY 1.1 INTRODUCTION: Every day consumers buy things. Consumers exchange their money for goods and services, for their own use and for the use of their families: Consumers choose things they think will meet their needs on a day-to-day basis, and they occasionally make buying decisions which will affect their… Continue Reading
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… Continue Reading
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. Insurance companies are important for both businesses and individuals as they indemnify the losses… Continue Reading
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 first resort,… Continue Reading
T he 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… Continue Reading
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 possibilities of… Continue Reading
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 Nigeria… Continue Reading
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… Continue Reading