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...