Research Papers/Topics in Risk Management And Insurance

Exploring A Risk Based Approach To Solvency Management In The Zimbabwean Short Term Insurance Industry

ABSTRACTThe study sought to explore the adoption of a risk based approach to solvency management in the Zimbabwean short term insurance industry. The review of literature was carried out in order to establish what other authors had to say on the subject. To come up with a sample of 17 short term insurers and reinsurers out of a target population of 33 operational insurance and reinsurance companies, the researcher used stratified sampling technique since the study population comprised of diff...

An Evaluation Of The Operational Risk Management Strategies Employed By Microinsurance Companies In Zimbabwe: Case Of Econet Life (Pvt) Ltd

ABSTRACTThe management of operational risk has become prominent following the large operational losses experienced by financial institutions in the past years. The research zeroed in on the operational risk management practices in microinsurance companies in Zimbabwe. The main objective of the research was to assess operational risk management strategies employed by the microinsurance companies and how the strategies can be effectively managed to curb the potential losses from occurring. The ...

An Assesment Of The Strategies That Short Term Insurance Companies Can Implement In Order To Improve The Uptake Of Insurance Products In Zimbabwe.

ABSTRACTHouseholds and organisations in the world have come to accept that risk is inevitable in every sphere of life. The insurance mechanism has been used to address risks faced by both organisations and households. The purchase of insurance saw many people who have adopted it enjoy a number of benefits it brings. Like many African countries, Zimbabwe has also experienced low insurance penetration rate as a result of a number of challenges. The process of increasing the penetration rate has...

An Investigation on The practicability of Usage Based Insurance And Telematics to The Zimbabwean Motor Insurance Industry.

Abstract The research sought to investigate the practicability of introducing usage-based insurance to the Zimbabwean motor insurance industry so as to address shortcomings of the traditional rating method. Literature was reviewed on the different UBI programs, telematics, the shortfalls of the traditional dating method, benefits of UBI, how to implement it in to practice, the challenges with implementing it in the Zimbabwean context and a case study of Discovery Insure, a South African...

AN ANALYSIS OF THE UPTAKE OF AGRICULTURAL INSURANCE SERVICES BY THE AGRICULTURAL SECTOR FOR SUSTAINABLE SOCIO ECONOMIC DEVELOPMENT IN ZIMBABWE

AbstractThe purpose of this research was to analyse the uptake of agricultural insurance services by the agricultural sector for sustainable socio economic development in Zimbabwe. The research covered the period of 2000 to 2015. The research focused on A1 and A2 farmers which consisted of subsistence and small-medium scale commercial farmers. Agriculture is a risky enterprise due to its cyclical nature, risk of loss from fires and natural disasters. The researcher established that agricultur...

DETERMINANTS OF FARMER PARTICIPATION IN AGRICULTURE MICROINSURANCE IN ZIMBABWE

ABSTRACTThe study examined determinants of farmer participation in agriculture micro insurance in Zimbabwe specific reference to peri urban area in Harare. The study was promoted by low uptake of agriculture insurance products being experienced by companies offering agriculture micro insurance. There was need in the market to develop a product that is affordable due to the informalised nature of the Zimbabwean sector. There is need to reach to the poor households and mitigate their level of r...

The Impact Of Dollarization On Pensioners In Zimbabwe :A Case Study Of Old Mutual (2009-2015)

ABSTRACTThis study examined the impact of dollarization on pensioners in Zimbabwe with Old Mutualas a case study. The objectives were to find out how dollarization affected retirees and ways tocompensate the aggrieved pensioners. A review of literature on the subject of dollarization wasdone and the findings provided a good foundation in the understanding of the. Data wascollected by way of questionnaires and interviews from a sample size of twenty peoplerandomly selected from a population of...

Risk And Real Estate Investment In Ghana

ABSTRACT Residential real estate, in recent times, has attracted a lot of attention due to its strong economic performance which is mainly as a result of increasing demand for housing and additional diversification benefits offered to investors in the region; making real estate investment extremely lucrative. Nonetheless many investors have doubts about the prudence of investing in emerging markets. In particular it may be felt that the expected returns offered in the countries of the A...

Determinants Of Loan Delinquency Among Credit Unions In Ghana

ABSTRACT The objective of this paper was to determine the probability and extent of loan delinquency among Credit unions in Ghana. The independent double hurdle model was used to analyze primary data collected from 300 loan beneficiaries of 30 Credit Unions that are under the Accra Chapter of the Credit Union association of Ghana (CUA). Based on the regression results it was found that among the variables that were considered, only four out of eleven variables significantly influenced th...

Risk Based Supervision Of Insurance In Ghana: Prospects And Challenges

ABSTRACT The purpose of the study is to investigate susceptible risk activities of insurers from the new risk-based supervision framework and determining whether a significant difference exists between the inherent risk exposures of insurers and their risk management control functions. The development of better and effective strategies for prioritizing resources as a way improving the financial health of insurance companies coupled with risk management controls to avoid insurers’ inso...

The Role of Fixed Income in Pension Scheme Investment in Ghana

ABSTRACT Pension scheme providers in Ghana adopt different asset allocation (the proportion of pension funds that need to be invested into different assets like equities and bonds) as an investment strategy. For instance, SSNIT seems to adopt a 60% bond allocation (fixed income investment) and 30% equity allocation (non-fixed income investment) as an investment strategy over the last decade. This study investigates the role of fixed income in pension schemes investment in Ghana by speci...

Determinants Of Financial Health Of Life Insurance Companies In Ghana

ABSTRACT This study investigates determinants of financial health of Ghanaian life insurance companies, a market that has experienced significant change in recent years. It examines the solvency of life insurance companies and the current system used by the National Insurance Commission (NIC) to monitor solvency of life insurance companies in Ghana. Secondary data obtained from financial reports of 16 sampled life insurance companies from 2007 to 2013 were analysed using the unbalanced ...

Factors Influencing The Growth Of The Life Insurance Industry In Ghana

ABSTRACTGrowth is an important value driver for life insurance firms. Due to the risk pooling nature of their business it is necessary for their business operations to generate the volume of business necessary to ensure efficient pooling of risks. This study investigated the factors influencing the growth of life insurance business in Ghana. The study is based on panel data of life insurers‘ gross written premium, total assets, age of the business, total commissions earned by their marketer...

The Impact Of Oil Price Volatility On Exchange Rate Volatility: A Study Of Some Oil Dependent Economies

ABSTRACT This research investigates the interrelation impact between oil price volatility and bilateral exchange rate volatility of selected oil – dependent countries and the causality pattern between them in the pre – and post 2008 -2009 global financial recession. Exchange rate volatility is for economies that are dependent on oil either for major industrial activities or for fiscal revenue. Thus, currencies exchange rates volatility examined in the study are for the Ghana cedi, N...

Multi-Directional Efficiency Analysis (Mea) Of The Performance Of Ghanaian Insurance Firms

ABSTRACTThe general objective of this study was to estimate the technical efficiency of the Ghanaian insurance firms and also to investigate the levels and patterns of these efficiencies over the study period. Annual reports were obtained from National Insurance Commission (NIC), the Ghanaian insurance regulator on a sample of insurance companies from 2007 to 2012. Basically, the study was quantitative in nature where an optimization technique was used. Specifically multi-directional efficien...


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