ABSTRACT The purpose of study is to determine the roles of (NDIC) in minimizing Bankruptcy in the Nigeria deposit banks. The problem of the study was that there is consistent bank failure of the banking sector together with irregularities. The objective is to find out why there are still bank failures in Nigeria. For the success completion of this research work, the researcher makes use of both primary and secondary methods of data collection for information gathering. Primary data were c...
ABSTRACT This project deals with the role of insurance in the petroleum industries in Nigeria. The economic recession which begin in 1981 is highly correlated to the decline in the average selling price of out due to recession in the world economic situation and oil glut in the international oil market. In order to avert the current recession in the economy. There is an urgent need to diversify the economy the economy. Particularly to more meaningful expansion of the petrochemical, agricultur...
ABSTRACT In the most widely accepted sense, reinsurance is understood to be that practice where an original insurer, for a definite premium, contracts with another insurer (or insurers) to carry a part or the whole of a risk assumed by the original insurer. By insurers we mean all persons, partnerships, corporations, associations, societies, associations operating as Lloyd's, inter-insurers or individual underwriters authorized by law to make contracts of insurance. We may define insurance a...
CHAPTER ONE INTRODUCTION In some sense, we can say that insurance appears simultaneously with the appearance of human society. We know of two types of economies in human societies: natural or non-monetary economies (using barter and trade with no centralized nor standardized set of financial instruments) and more modern monetary economies (with markets, currency, financial instruments and so on). The former is more primitive and the insurance in such economies entails agreements of mutual ...
ABSTRACT Our risk exposures are influenced by our economy, lifestyles, psychical well being, occupation, environment etc., there variables are dynamic therefore risk managers and analyst must be dynamic in their choice of tools to manage risk exposures. In their choice of tools to manage risk exposures, in this project all the knowledge that might be useful to risk managers, however have been presented in the most important process and readable way. Consequently, this project have been orga...
ABSTRACT This research work sets out to evaluate the impact of capital market as a catalyst tool for the growth of Nigerian insurance industry. The problem that prompted the research of this project was in connection with the need to recapitalize the insurance industry and position it for challenges of rising industrial and commercial activities of globalizing economy such as Nigeria, among the objectives of the study were; 1.To examine the reasons for insurance firms sourcing fund from the...
ABSTRACTThis project work has critically highlighted the compact of claims settlement on profit maximization in insurance industry, the problems of effective claims settlement in Nigeria have been identified and how they can be controlled is also included in the study. Also circumstances given rise to claims, fraudulent claims and effect of inflation on claims settlement have been discussed and ways to solve them are indicated in the study. This study also examines the lapses and recommen...
ABSTRACT Pension Scheme Management is Nigeria was introduce to reduce the level of economic insecurity associate or which arises as a result of retirement. The study investigated the problems and prospects of pension scheme management in Nigeria. The data for the research work were sourced both from primary and secondary method of data collection. The population of the study comprises of insurance staff, pension managers and administrators. The sample size was determined using the Ya...
ABSTRACT Challenges of marketing insurance services in a democratic government of Nigeria is a major concern in this research work. It is essential to appreciate that the importance of insurance services is tested oftentimes by the spend of claim of settlement. If insurers could fine-tune their services to ensure that the settlements cheques on claims fully documented and adjusted re-paid even before the regulated settlement period. This could be exploited to gain competitive edge. A...
ABSTRACT This project deals with the role of insurance in the petroleum industries in Nigeria. The economic recession which begin in 1981 is highly correlated to the decline in the average selling price of out due to recession in the world economic situation and oil glut in the international oil market. In order to avert the current recession in the economy. There is an urgent need to diversify the economy the economy. Particularly to more meaningful expansion of the petrochemical, agricultu...