February 1, 2023

EFFECT OF CONSUMER BUYING BEHAVIOUR ON THE PURCHASE OF INSURANCE PRODUCTS

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CHAPTER ONE BACKGROUND OF THE STUDY 1.1    INTRODUCTION: Every day consumers buy things. Consumers exchange their money for goods and services, for their own use and for the use of their families: Consumers choose things they think will meet their needs on a day-to-day basis, and they occasionally make buying decisions which will affect their lives …

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EFFECTS OF RISK MANAGEMENT PRACTICES ON THE PERFORMANCE OF INSURANCE COMPANIES IN NIGERIA

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chapter one 1.1   Background to the Study Insurance companies play an important role in the financial services sector of most countries by lowering total risk, contributing to economic growth and efficient resource allocation, reducing transaction costs, creating liquidity, facilitating economies of scale and spreading financial losses (Duompos, Gaganis, and Pasiouras, 2012). They do this through underwriting …

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INSURANCE EDUCATION AND THE DEMAND FOR LIFE INSURANCE IN NIGERIA

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CHAPTER ONE INTRODUCTION 1.1       Background to the Study The history of insurance industry in Nigeria could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in the UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up with many inadequacies which in …

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IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON THE GROWTH OF NON-LIFE SECTOR OF THE NIGERIAN INSURANCE INDUSTRY

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CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY From time immemorial, information has always played a prominent role in human life but the emergence of social progress and the vigorous development in science and technology has immeasurably increased the role of information in every facet of human endeavour. The rapid expansion of a mass of diversified …

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FOREIGN INVESTMENT AND FINANCIAL GROWTH OF COMPANIES IN INSURANCE SECTOR NIGERIA

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CHAPTER ONE INTRODUCTION 1.1       Background to the Study Globalization has led to a rapid growth in the number of multinational enterprises (MNEs) that have been investing abroad in recent years. Foreign Direct Investment (FDI) has become enormously significant as the magnitude of international business has grown gradually during the last two decades. This development has occurred …

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