(+234)-916-495-6264     |      iprojectresearchonline@gmail.com

INSURANCE TOPICS

  • Home
  • INSURANCE TOPICS

CHOOSE YOUR DEPARTMENT

1
1. 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 or collapse. There is no doubt that the insurance and banking industries contributed to economic growth and development but how and to what extent they do so is the prerogative of this study. In their...

Read More
2. INSURANCE 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 insurance broadly happens. A contract of insurance, broadly speaking is a contract in which one party called the insurer agrees to pay a given sum of money upon the happening of a particular event insured aga...

Read More
3. A 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 analyse the relationship between insurance awareness and the performance of insurance companies in the Nigerian economy. It aims to examine the scope and role of insurance companies and how they may imp...

Read More
4. AN APPRAISAL OF FACTORS MILITATING AGAINST THE EFFECTIVE IMPLEMENTATION OF FORMAL RISK MANAGEMENT TECHNIQUES IN PROJECT DELIVERY

ABSTRACT: Non utilization of Formal Risk Management Techniques in project delivery by the project team has been identified as one the causes of project failure This prompts the question ‘what factors are responsible?’ This study therefore first presents Risk management in project delivery as it relates to an integrated project team as well as internal issues. It then focuses on formal Risk management techniques and their processes of implementatio...

Read More
5. AN 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 utilised panel data analysis. The results indicate that the total debt ratio and debt-to-equity ratio had no significant positive influence on the return on assets of the chosen insurance companies in Niger...

Read More
6. THE RELATIONSHIP BETWEEN LOCAL COMMUNITIES AWARENESS OF INSURANCE AND THE DEMAND FOR LIFE INSURANCE PRODUCTS

ABSTRACT: The main aim of this study is to examine the influence of insurance awareness on the demand for life insurance products in Lagos State, specifically concentrating on the population of Alimosho Local Government Area. The research study utilised a survey research design and applied a straightforward sampling method to recruit a total of 150 participants. A carefully constructed survey was administered to a sample of 150 individuals, resulting in a tot...

Read More
7. ASSESSMENT OF THE CONTRIBUTIONS OF INSURANCE IN THE SPORTS SECTOR OF NIGERIA

Background of the study: From pre-consolidation to post-consolidation, the Nigerian insurance sector has shown significant development. They are benefiting from the wealth sport industry's recapitalization and growing abroad in order to compete with foreign communities. As observed by Preuß & Alfs Chuda (2018), insurance firms are now involved in the local content initiative of the oil and gas industry, energy insurance, maritime and aviation, and other transpor...

Read More
8. CONTRIBUTIONS 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 goes a long way to show that Nigerians are poor people. Agriculture then was her only source of foreign exchange through the sale of cash corps.

Shortly after independence and the civil war,...

Read More
9. CORPORATE GOVERNANCE AND THE FINANCIAL PERFORMANCE OF PENSION FUND ADMINISTRATORS IN NIGERIA

ABSTRACT: The primary objective of this research was to conduct an empirical examination of the impact of corporate governance on the financial performance of pension fund managers in Nigeria, specifically focusing on the time frame spanning from 2010 to 2022. The research utilised secondary data obtained from the websites and audited financial statements of pension fund managers in Nigeria. In this study, the variables of board size and board composition wer...

Read More
10. DEVELOPING COOPERATIVE INSURANCE IN NIGERIA: PROBLEMS AND PROSPECTS

BACKGROUND STUDY: The economic framework of the country is not properly structured to effectively make like comfortable for all members of the society. Furthermore, life and property are procured and thus has rationally called for more sophisticated approaches to insurance for adequate safeguard against the threatening dangers of life and property.

As a means of providing socio-economic security to individuals, number of clubs are springing up, for...

Read More
11. THE 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 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...

Read More
12. THE 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 colonial trading enterprises that set up agency offices in Nigeria on behalf of insurance companies in the United Kingdom. Following Nigeria's political independence in 1960, domestically held ins...

Read More
13. THE 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 purpose of insurance is to indemnify the victims for the financial loss they might have suffered as a result of these risks. Risk is a  concept that denotes a potential n...

Read More
14. THE 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 doubt about future and the outcome may be worse than what it had been at the moment. This man in his daily operations could be viewed as a risk manager, in that man does his best possible to reduce, e...

Read More
15. THE 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 unexpected insured events affecting the insured. They offer this benefit in exchange for payment of a predetermined amount of money called premium. By pulling similar risks together insurance companies tr...

Read More
16. THE 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 survival and business performance. Insurance companies are in the risk business and as such cover various types of risks for individuals, businesses and companies. It is therefore, necessary that insura...

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

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: Globalization means the whole world is becoming a global village, the world are coming together to be one in unity, things are happening generally people don’t produce to satisfy the market people around them, but they produce for the whole market. What is happening at Saudi Arabia, America, Europe etc. is h...

Read More
18. THE IMPACT OF INSURANCE POLICIES TO BUILDING PROJECT CONTRACTS

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: A clear understanding of risk management process and practice within the construction industry is an important model for exploring the application and barriers of risk management in Nigeria. It will also help in identifying the ever present risk factors and their probability of occurrence in Nigerian projects. This chapter summarizes the whole work carried out for this stud...

Read More
19. THE IMPACT OF MANPOWER DEVELOPMENT IN INSURANCE INDUSTRY

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: The importance of human resources in an organization cannot be over-emphasized. Every organization cannot depend more on this resources for attainment of its objectives. However, the objectives cannot be achieved unless the organization is made up of the employees who have skills, knowledge and abilities to work. Although e...

Read More
20. THE 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 evidence of life assurance known today. A policy was taken on 18th June 1985 on the life of William Gibbons for a sum of 382. The contract was for twelve months and the money was to be paid if Gibbons died...

Read More
21. CORPORATE 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, independence, size, committee composition, and meetings of the board as well as how these factors related to the financial success of Nigerian insurance businesses as determined by return on assets....

Read More