Abstract
The aim of this project is to review and evaluate both physical, social and economic effect of the acturist analysis of Nigeria Reinsurance management in development of an economy. Using expo-facto research design and inferential statistic analysis; the study tested the sign of the significant relationship between dependent variable (profitability (ROA)) and set of independent variable (Net Retention ratio, Net Claim ratio, Net Commission ratio, and Ratio of Ceded Reinsurance). The study used secondary data obtained from financial report of the insurance companies considered for the study, covering a period from 2009 to 2015. Linear regression analysis was used to find out the extent to which independent variable impacted the set of dependent Variables. Correlation was used to find out whether the relationship among the variables to be measured was significant or not. The findings of the study reveal that Net Retention ratio, Net Claim ratio, Net Commission ratio, and Ratio of Ceded Reinsurance are correlated with insurance profitability (ROA), and administrative expenses. The study recommends that that insurance companies in Nigeria should put proper reinsurance programs into priority, taking into consideration characteristics of their underwriting documents and consideration factors such as past loss experience, size of risks and frequency of losses. It is important for insurance companies to have optimal retention levels in their risk diversification management basically to ensure favorable financial performance.
ABSTRACT
The problem of water Scarcity, water pollution and cost of accessing water for domestic needs have become growing concerns to th...
ABSTRACT
This study was carried out on the nutritional disorder commonly found in Nigeria using Borne S...
BACKGROUND TO THE STUDY
Insurance is a provision of a system of compensation for loss, damage, sickness, death and other...
Abstract
The study attempted to investigate the relationship between Educational Infrastructure and students academic ac...
ABSTRACT
The study examined the effects of cooperative and laboratory method on performance and retention of students in chemistry in sec...
ABSTRACT
Motivational strategies are ways by which management of an organization exploits to arouse their workers be...
Abstract: This research aims to explore neuroscientific perspectives on early childhood brain development, f...
ABSTRACT
This project work is on the causes and effects of unemployment in Nigerian economy. A...
Abstract
This research intentionally investigated the literary works of Chimamanda Ngozi Adichie‟s Half of a Yellow Sun and Americanah an...