08168958821
CLAIMS MANAGEMENT AND PROFITABILITY OF INSURANCE COMPANIES IN NIGERIA
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 50 pages | 1-5 chapters | Amount: ₦5,000 | 6 orders. | Marked useful: 7,540 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
The main objective of this study is to analyse the effects of claims settlement on the profitability of Nigeria Insurance industry. The study adopts descriptive and analytical method of historical and time series data. The study was conducted to cover the period from 1986 to 2011 (twenty-five years). The secondary data used for the study was obtained from the Central Bank of Nigeria (CBN) Statistical Bulletin, 2014. The secondary data were presented in tables and multiple regression method was adopted to assess the relationship between the variables employed. T-statistics and F-statistics were used to test the hypotheses formulated in the study. The result from the analysis revealed that there is a significant relationship between claims settlement and profitability of the Nigerian insurance industry. Also, there is a significant relationship between claims settlement and premium received by insurance industry in Nigeria. It is therefore, recommended that insurance firms need to emphasize prompt payment of adequate claims for increased patronage, which is always reflected in payment of premium and profitability.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY
THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY CHAPTER ONE INTRODUCTION 1.1 Background of t...More »
Item Type: Project Material | 50 pages | 0 engagements |
- 2.
GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS
GOVERNMENT SUPERVISION AND CONTROL OF INSURANCE INDUSTRY IN NIGERIA PROBLEMS AND PROSPECTS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Insura...More »
Item Type: Project Material | 60 pages | 0 engagements |
- 3.
THE BENEFIT OF HEALTH INSURANCE SCHEME ON THE AGED CITIZENS OF NIGERIA (A CASE STUDY OF ILORIN WEST ...
CHAPTER ONE INTRODUCTION 1.1 Background Of The Study Health services are judged to be unsatisfactory and inadequate in meeting the needs and demand...More »
Item Type: Project Material | 60 pages | 1,984 engagements |
- 4.
INVESTIGATION ON THE RISK ATTACHED TO USING E-NAIRA IN NIGERIA
INVESTIGATION ON THE RISK ATTACHED TO USING E NAIRA IN NIGERIA CHAPTER ONE INTRODUCTION 1.1 Background of the study Connection to the financial system...More »
Item Type: Project Material | 53 pages | 1,769 engagements |
- 5.
IMPACT OF TRAVEL INSURANCE ON THE SECURITY OF TRAVELERS
CHAPTER ONE INTRODUCTION 1.1 Background of the study Travel insurance will often pay for any travel, medical, or dental expenditures incurred by a tra...More »
Item Type: Project Material | 53 pages | 2,107 engagements |
- 6.
HEALTH INSURANCE AND ITS IMPACT ON THE ACCESSIBILITY OF HEALTH CARE SERVICES
CHAPTER ONE INTRODUCTION 1.1 Background of the study More than sixty developing nations have already begun the process of establishing National Health...More »
Item Type: Project Material | 55 pages | 1,929 engagements |