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» CHAPTER ONE 1.0 INTRODUCTION Housing which can be defined as collective structures in which mankind is house and where he carries out his daily economic, social and commercial activities, which encompass man’s immediate physical surrounding services, facilities and all available social amenities. Provision of housing has been a major challenge since the 21st century to all sovereign states a...Continue Reading »
50 pages | 507 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 Background of the study Since the end of Second World War, The insurance industry the world over has experienced remarkable growth. Concurrent with this growth has been significant changes within the industry. The Nigerian insurance industry is not unaffected by this general growth malady. The growth of multiple line transition, introduction of package policies, the un...Continue Reading »
50 pages | 410 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY “Marketing and marketing communications mix is changing. New insights, new tools, new opportunities and new challenges are emerging as the 21st century progresses. The world’s 61/4 billion consumers and almost 400 million business customers are becoming increasingly accessible” (Smith and Taylor, 2004, p 4) which makes them ready t...Continue Reading »
50 pages | 411 engagements |
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» CHAPTER ONE INTROUCTION BACKGROUND OF THE STUDY Insurance businesses are today much more concerned about the effect of competition than they were a few years ago. They must react to the competitive threats not only from local source but also from regional, national and international source; likewise they must seek to explore all opportunities that are available in the immediate, national and Globa...Continue Reading »
50 pages | 776 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Insurance is a provision of a system of compensation for loss, damage, sickness, death and other unbearable circumstances in return for regular payment of a pre determined premium (Ekanem, 2011). Insurance companies are important for both businesses and individuals as they indemnify the losses and put them in the same positions as they were before t...Continue Reading »
50 pages | 579 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Insurance is usually an intangible product for clients until they receive a payment for an insured loss. The claims experience can therefore significantly influence the client’s understanding of and satisfaction with insurance. A positive claims experience may result in a long term client and champion of the insurance programme. A negative exp...Continue Reading »
50 pages | 955 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY In today’s economy, the financial services industry that insurance belongs is exposed to increasing performance pressures and competitive forces (Goergen, 2001). Modern media, such as the internet, have created new challenges for this industry (Fuchs, 2001). New business concepts, a change in client sophistication and an increasing number of n...Continue Reading »
50 pages | 328 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The history of insurance industry in Nigeria according to Augustine and Bamidele (2013) could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up, which as a result of...Continue Reading »
50 pages | 378 engagements |
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» CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Pension systems have become major elements of social development in the twentieth century, with particularly important effects on the well being of older persons in our society. The past few years in Nigeria have witnessed concerted efforts by the various successive governments in the country at improving the living standards among the older categor...Continue Reading »
50 pages | 329 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The role played by insurance institutions in a post modern economy cannot be over emphasized. The insurance firms as financial intermediaries play a significant role within a nation’s financial system by mobilizing funds from the surplus economic unit and channeling it to the deficit investment unit of the economy. An aspect of the insuran...Continue Reading »
50 pages | 302 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Insurance industry has been recognized globally as a driver of economic growth and development. The industry provides financial security to policy holders, through the pooling and investment of premiums out of which those who suffer unexpected losses are indemnified (Unachukwu, Afolabi, Alabi, 2015). Today, the insurance industry is characterize...Continue Reading »
50 pages | 445 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 Background of the Study The advent 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 UK....Continue Reading »
50 pages | 325 engagements |
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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 for several reasons,...Continue Reading »
50 pages | 332 engagements |
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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 information has born the term “info...Continue Reading »
50 pages | 593 engagements |
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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 turn brought confidence ...Continue Reading »
50 pages | 370 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The insurance industry is a highly specialized industry that gives greater security to the fortunes of entrepreneurs and the whole society. It is one of the financial institutions in Nigeria today that could aid the growth of small and medium scale businesses. It is on this knowledge that Egeria (cited in Victor, 2013) describes insurance as han...Continue Reading »
50 pages | 367 engagements |
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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 un...Continue Reading »
50 pages | 331 engagements |
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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 for years to come. At the same time, consumers make ...Continue Reading »
50 pages | 325 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY: The role of motivation on the productivity of employees in any organization cannot be overemphasized. Now, research on the subject of motivation has advanced greatly in western countries; this cannot be said for developing economies like Nigeria (Ituma et al, 2011). The goal of employee motivation is to achieve organizations goals through emplo...Continue Reading »
50 pages | 351 engagements |
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» CHAPTER ONE INTRODUCTION 1.1 Background to the Study Economists often emphasize that demand should not be confused with need, desire or want. The need, want, or desire for a good or service that is backed up with the willingness and ability to pay is what is termed as demand. Obviously, in a country like Nigeria where poverty is still a major problem and diseases are enormous, the need or want for...Continue Reading »
50 pages | 340 engagements |