ABSTRACT
The research work conducted in the project topic title “The Impact of insurance Companies in Economic Development of an Economy”, has achieved the objectives of carrying out the study, which are:-
To establish the impact of the insurance companies have made and likely to make in future, the growth and stability of the nations economy and also areas where the insurance industry has failed in its noble objectives and make recommendation for improvements for better services of the industry.
It has looked into the impact of insurance service to developing economy of Nigeria . And also the contributions of insurance services to the buyer of insurance products or its benefits to the purchases of these produce such as life assurance product motor insurance, Fire insurance, Marine, accretion. Insurance plays a significant role in gross domestic products through its financing of investment in Nigerian Companies.
The project writing was implemented using both primary and secondary sources. The primary consisted the Questionnaire prepared and distributed to the insuring public. Oral interviews and personal observation (Field Surveys) were also use during the research work.
While, secondary data was based on review of some related books, Journals and newspapers.
Response from the questionnaires collected was analyzed using random sampling techniques and frequency tables.
Finding was emerged based on the analysis ands recombination was provided.
Finally, at the end of the research work, I was able to active the aim of knowing the impact of insurance Companies in economic development
TABLE OF CONTENTS
Title Page ……………………i
Approval Page……………………ii
Dedication Page…………………iii
Acknowledgment …………………iv
Proposal …………………v
Table of Content…………………vi
CHAPTER ONE
1.0INTRODUCTION ………………
1.1Background …………
1.2Research Objective ………………
1.3Statement of the Problems …………
1.4Significance of the study ……………
1.5Statement of Hypothesis ……………
1.6Scope of the Study………………
1.7Definition of Terms………………
Reference.
CHAPTER TWO
2.0LITERATURE REVIEW
2.1Impact of insurance Company in economic development. …………………
2.2Positive Impact…………………
2.3Negative Impact ………………
2.4Various risk insurance Cover. …………
2.5Factors that cause an economy to develop ……
2.6Conclusion
Reference.
CHAPTER THREE
3.0RESEARCH DESIGN AND METHODOLOGY
3.1Sources of data …………………
3.1.1Primary data…………………
3.1.2 Secondary data ………………
3.2Sample used ………………
3.3Method of investigation ……………
Reference.
CHAPTER FOUR
4.0DATA PRESENTATION AND ANALYSIS
4.1Introduction…………………
4.2Data Presentation………………
4.3Analysis of Data………………
4.4Test of Hypothesis………………
4.5Interpretation of results ……………
CHAPTER FIVE
5.0SUMMARY OF FINDINGS
5.1Discussion Of Findings………………
5.2Conclusion……………………
5.3Recommendations …………………
Appendix
Questionnaire.