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MOTOR INSURANCE PRACTICE IN NIGERIA PROBLEMS AND PROSPECTS

ABSTRACT The aim of this research was examining the factors that affect motor insurance claim processing time in Awash Insurance Company S.C.  The study has analyzed the effect of selected independent variables, which are assumed to have major impact on motor insurance claims processing time.  The variables: competency of claims ...

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IMPACT OF INSURANCE BUSINESS ON THE ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT Insurance is one of the cornerstones of modern day financial services sector. In addition to its traditional role of managing risk, insurance market activity, both as intermediary and as provider of risk transfer and indemnification, may promote growth by allowing different risks to be managed more efficiently through promoting ...

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IMPACT OF INSURANCE SERVICE ON BUSINESS SURVIVAL IN NIGERIA

CHAPTER ONE INTRODUTION Background of the Study The research is to be conducted on “The impact of insurance service on business survival in Niger Insurance Plc Kaduna. Insurance is meanly concerned with provision of financial security or protection of industries, institution and individuals against their economic losses, since they have ...

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IMPACT OF POOR CLAIM SETTLEMENT ON THE DEMAND FOR INSURANCE

 ABSTRACT   Claims settlement, which dates as far back as the history of insurance, is the only reason the consumer (insured) buys an insurance product. The fast administration of Claims is therefore not only a legal obligation of an insurance firm, but a strong public relations and marketing strategy. The response ...

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IMPACT OF CLAIM SETTLEMENT ON THE DEVELOPMENT OF NIGERIA INSURANCE INDUSTRY 2007-20017

TABLE OF CONTENT Title page Approval page Dedication Acknowledgment Abstract Table of content CHAPETR ONE 1.0   INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR ...

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EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES

CHAPTER ONE INTRODUCTION 1.1  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 ...

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INSURANCE COMPANY IN THE ECONOMIC DEVELOPMENT OF GHANA

ABSTRACT This study was intended to evaluate the role of insurance company in the economic development of Ghana in metropolitan insurance company. This study was guided by the following objectives; to identify the role insurance play to the economy of Ghana, to access the awareness among the general public about ...

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SOCIAL MEDIA: EFFECTS ON MARKET SHARE IMPROVEMENT IN SERVICE INDUSTRY

CHAPTER ONE BACKGROUND TO THE STUDY  INTRODUCTION BACKGROUND OF THE STUDY “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, ...

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IMPACT OF INSURANCE BUSINESS ON THE ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT 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 ...

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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, ...

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THE EFFECT OF CONSUMER BEHAVIOR ON INSURANCE BUSINESS IN NIGERIA

ABSTRACT 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 were used for positive correlation ...

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EFFECTS OF CONSUMER PERCEPTION ON THE DEMAND OF LIFE INSURANCE PRODUCTS

Abstract The study is intended to investigate the major determinants of life insurance buying behavior in Nigeria insurance corporation Lagos State University, Ojo district. The study focuses on the relationship of life insurance with six selected independent variables (income, attitude, perception, premium, culture, and buying intention). The approach for this ...

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THE ROLE OF AGRICULTURAL INSURANCE IN ENHANCING AGRICULTURAL PRODUCTIVITY

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 ...

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