THE RELATIONSHIP BETWEEN EFFECTIVE CLAIMS MANAGEMENT AND THE GROWTH OF NIGERIAN INSURANCE INDUSTRY
- Project Research
- 1-5 Chapters
- Quantitative
- Correlation
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
EXCERPT FROM THE STUDY
The existence of insurance markets facilitates economic activity. This follows directly from the id ea that risk-averse individuals a re willing to pay at least a fair premium to ensure compensation should a specific event occur in the future. This enables some individuals to enter into higher risk activities, offering higher than expected productivity returns that they would not enter otherwise. An insurer supplies a contract, which details future payments covering specified circumstances. Such a contract is favorable to the insure r, in so far a s the premium paid is at least as high as the expected payment to the policyholder (adjusted for the probability of the triggering adversity occurring). Premium s charged to all policy- holders provide funds for those entitled to payments.
Related Project Materials
NIGERIA ECONOMIC POLICY UNDER MILITARY 1983-1993
Abstract
The study appraises the role of the military in the socio-economic development of Nigeria. The study observes...
ADOPTION OF E-LEARNING PLATFORMS IN TECHNICAL EDUCATION
Abstract: This study examines the adoption of e-learning platforms in technical education i...
ADAPTATION OF BIOMIMICRY ARCHITECTURE PRINCIPLE FOR ENERGY EFFICIENCY IN CIVIC CENTRE LOKOJA, KOGI STATE, NIGERIA
ABSTRACT
Civic centre is a reference point of any city where it is located and has been designed to attract interest, hence symbolic expr...
SUSTAINABILITY REPORTING IN FIDUCIARY ACCOUNTING ENGAGEMENTS
SUSTAINABILITY REPORTING IN FIDUCIARY ACCOUNTING ENGAGEMENTS
This research aims to (1) explore the practices of sustaina...
THE ECONOMIC IMPACTS AND PROSPECTS OF CAMA LAW 2020 ON SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
ABSTRACT
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are busi...
EFFECT OF EDUCATIONAL STATUS OF PARENTS ON STUDENTS ACADEMIC PERFORMANCE IN SELECTED FIVE SENIOR SECONDARY SCHOOLS
Background to the Study
There have been several studies done within and outside Nigeria on the effects...
ASSESSING THE IMPACT OF EARLY CHILDHOOD EDUCATION ON CIVIC RESPONSIBILITY
ABSTRACT: Assessing the impact of early childhood education on civic respo...
APPRAISAL OF THE EFFECTIVENESS OF RURAL BANKING PROGRAMME
Background of the study
Globally, majority of nations populace reside in rural locale. As stated in Uni...
EFFECT OF QUARRY DUST ON THE ENGINEERING PROPERTIES OF LATERITIC SOILS
ABSTRACT
This study was intended to examine effect of quarry dust on the engineering properties of lateritic soils. This...
EFFECT OF COUNSELING ON THE PSYCHOLOGICAL ADJUSTMENT OF PEOPLE LIVING WITH HIV/AIDS
Background of the study
HIV/AIDS has become a threat to public health in Nigeria as a result of its devastating conseque...
