COMPARATIVE ANALYSIS OF THE PERFORMANCE OF THE INSURANCE AND BANKING INDUSTRIES IN NIGERIA
Background: The insurance and banking industries, both of which are components of the Nigerian financial system, play very important role in the country. They jointly for the backbone of the economy without which all economic activities would come to a halt...
View DetailsTHE EFFECT OF GOVERNMENT POLICY ON COMMERCIAL BANK LENDING ABILITY IN NIGERIA A CASE STUDY OF UNION BANK
BACKGROUND OF THE STUDY: The banking system in Nigeria has undergone radical changes during the 35 years since independence . Banking developed from an industry which in 1960. was dominated by a small number of foreign owned banks into, one in which public sector ownership...
View DetailsINSURANCE INDUSTRY AND RISK MANAGEMENT IN NIGERIA
OVERVIEW OF THE STUDY: The uncertainty which doubt the future is a significant that normally bring in the element of risk in any business arrangement. The existence of risk in any concern simply means that certain loss must arise if the risky event happens. A contract of insuranc...
View DetailsMISMANAGEMENT IN FINANCIAL INSTITUTION (BANK) EFFECT AND SOLUTION
Background of the study: A financial institution is an organized body concerned with the management of money. This is to say that the institution is responsible for the leading and borrowing of money in other words, it is an institution involved in financial intermediation...
View DetailsA REVIEW OF INTERNAL AUDITING AND ITS SIGNIFICANCE ON THE PERFORMANCE OF INSURANCE FIRMS IN NIGERIA
ABSTRACT: The study is focused on a review of internal auditing and its significance on the performance of insurance firms in nigeria shows that internal audit is useful in sustain achievement of organizational goals. Thus, internal audit...
View DetailsA STUDY ON THE EXAMINATION OF INSURANCE AWARENESS AND INSURANCE PERFORMANCE IN THE NIGERIAN ECONOMY
ABSTRACT: The purpose of this study was to analyse insurance awareness and insurance performance in the Nigerian economy. The case study utilised NICON Insurance Limited, located in Abuja, as a focal point for the research. The purpose of this study is to an...
View DetailsAN INVESTIGATION ON THE IMPACT OF CAPITAL SYSTEM ON THE PROFITABILITY OF INSURANCE COMPANIES IN NIGERIA
ABSTRACT: This study examines the influence of the capital structure on the financial performance of insurance businesses in Nigeria during the period from 2011 to 2016. The data were derived from the publicly available financial records of a subset of companies. The study utilis...
View DetailsASSESSMENT ON THE ROLE OF CAPITAL MARKET ON PRIVATIZATION PROCESS IN NIGERIA
BACKGROUND OF THE BODY: Privatization Appeared on standard dictionaries only in the early 1980s [it appeared in Webster new collegiate Dictionary is one of the radical methods through for thinning the government owned enterprises [which failed to maximize gr...
View DetailsCONTRIBUTIONS OF INSURANCE IN THE MANAGEMENT OF RISK IN NIGERIA OIL INDUSTRIES
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 then were basically farmers and this g...
View DetailsEXAMINATION OF THE CAUSES AND EFFECTS OF FINANCIAL MISMANAGEMENT IN TERTIARY INSTITUTION
Background of the study: A financial institution is an organized body concerned with the management of money. This is to say that the institution is responsible for the leading and borrowing of money in other words, it is an institution involved in financial intermediation...
View DetailsTHE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY
CHAPTER ONE
INTRODUCTION
Background of the Study: The history of insurance industry in Nigeria according to Augustine and Brennan(2012) could be traced to the British colonial...
View DetailsTHE CORRELATION BETWEEN PROFICIENT CLAIMS ADMINISTRATION AND THE ADVANCEMENT OF THE NIGERIAN INSURANCE SECTOR: A CASE STUDY OF LEADWAY ASSURANCE COMPANY
CHAPTER ONE
INTRODUCTION
Background of the Study: The origin of the insurance industry in Nigeria, as stated by Augustine and Brennan (2012), can be attributed to the British...
View DetailsTHE MANAGEMENT OF INSURANCE COMPANIES TOWARDS THE DEVELOPMENT OF BUSINESS ENTERPRISES
CHAPTER ONE
INTRODUCTION: Life is full of risk and every human being is confronted with possibility that one day one of these hazards which form part of life may befall them because one financial loss or the other. The...
View DetailsTHE IMPACT OF PROMOTIONAL STRATAEGY ON THE DEVELOPMENT OF INSURANCE IN NIGERIA
CHAPTER ONE
BACKGROUND OF THE STUDY
“Risk is a phenomenon which has been in existence since the beginning of the world. Risk exists whenever the future is unknown” (Lemon 1989: 17). This means that the word implies some element of...
View DetailsTHE IMPACT OF PROPER UNDERWRITING IN PROMOTING INSURANCE IMAGE IN NIGERIA (A STUDY OF NIGER INSURANCE PLC)
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY: Insurance companies are legal entities that cover the financial impact of it that derives from the occurrence of certain unex...
View DetailsTHE IMPACT OF RISK ON THE PERFORMANCE OF LISTED INSURANCE COMPANIES IN NIGERIA
CHAPTER ONE
INTRODUCTION
Background of the study: Risk management is an important discipline in business especially the insurance business. Recently, businesses put great emphasis on risk management as this determines their su...
View DetailsTHE IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE PERFORMANCE OF THE NIGERIAN STOCK EXCHANGE
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY: The use of computer in business transaction is growing day by day and it is widely use. It is common in most part of the country and the world itself is becoming a global villa...
View DetailsTHE IMPACT OF MARKETING STRATEGY ON THE PRODUCTIVITY OF AN ORGANIZATION: A CASE STUDY OF FIRST BANK NIGERIA PLC
CHAPTER ONE
INTRODUCTION
Background to the study: To achieve a set of organizational goals and objectives, companies conceptualize, design, and implement various strategies. These strategies can be corporate, business, or functional. Marketing strategies constitute one of the...
View DetailsTHE GROWTH AND CONTRIBUTION OF LIFE ASSURANCE BUSINESS IN NIGERIA
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY: The development of life assurance can be traced back to as far back as 1983. It was in this year that we have the first evide...
View DetailsTHE DESIGN AND IMPLEMENTATION OF SOFTWARE FOR AUTOMOBILE INSURANCE SCHEME IN NIGERIA
CHAPTER ONE
INTRODUCTION
Background of the Study: The goal of insurance is to give more financial stability to the end user. Every day, we face danger, whether through an accident or the loss of valued p...
View DetailsTHE CONTRIBUTION OF FINANCIAL INSTITUTION IN THE DEVELOPMENT OF NIGERIA ECONOMY
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
Having chosen this topic to write on, my objectives is to find out the roles played by our financial institutions in our present economic situa...
View DetailsCORPORATE GOVERNANCE AND FINANCIAL SUSTAINABILITY OF LISTED INSURANCE COMPANIES IN NIGERIA
CHAPTER ONE
INTRODUCTION
Background of the Study: This chapter entails the overview of the topic under study, in it, it contains the studies background, the statement of the problem, research objective and at the same time, it looks at the val...
View DetailsCORPORATE GOVERNANCE AND FINANCIAL SUSTAINABILITY OF LISTED INSURANCE COMPANIES IN NIGERIA
ABSTRACT
This study examined the connection between the financial performance of Nigerian insurance businesses and corporate governance. The ethical conduct of individuals who cede corporate control is improved by good company governance. This study specifically looked at the diversity,...
View DetailsA RISK-BASED ADJUSTMENT MODEL FOR EXPERIENCE RATING OF MOTOR INSURANCE IN NIGERIA
Abstract
In establishing the burden of costs, the principle underlying the calculation of differentiated premium in the insurance portfolio is characterized by a pricing process that involves the classification of all risks regarding factors of influence. This classification is based on...
View DetailsAN APPRAISAL OF THE IMPACT OF PRINCIPLES OF UTMOST GOOD FAITH IN THE PROMPT SETTLEMENT OF INSURANANCE CLAIMS IN NIGERIA
ABSTRACT
One of the most important principles of the contract of insurance is the utmost good faith in which one of the parties to the contract, the insured, is expected to disclose every material facts at his disposal to the insurer at the commencement of the insurance contract in orde...
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