AN APPRAISAL OF THE ROLE OF REGULATORY BODIES IN THE NIGERIAN INSURANCE INDUSTRY

ABSTRACT
Business is too important to be left to “Business-men†to run and operate as they see fit. Moreso, if that “business†is that of insurance. The average Nigerian might not know much about insurance but he or she knows that insurance companies “don’t pay claims†  In otherwords, the insurance industry has a bad image. This was the reason behind the federal governments creation of different insurance regulatory bodies. To prevent “quacks from doing insurance business and to protect the insuring public, insurance laws and regulatory bodies have been created to further protect the insuring public.     The question now is, who are these regulatory bodies? How do they operate and how effective are they in performing their duties? This project in addition to “appraising†these regulatory bodies, will trace the genesis of regulating insurance business and finally, make recommendations on how the regulatory bodies can do better. 
TABLE OF CONTENT Title page Approval page Dedication Acknowledgement Abstract Table of content
CHAPTER ONE Introduction 1.1 Background of study 1.2 Statement of Problem 1.3 Objective of study 1.4 significance of the study 1.5 Research hypotheses 1.6 Scope and limitation           1.7 Definition Of Terms
CHAPTER TWO Literature Review 2.1 Origin Of Insurance 2.2 History of insurance in Nigeria 2.3 The structure of the insurance market 2.4 The beginning of insurance supervision 2.5 The agents of insurance regulation 2.6 Reasons and objective of regulating the insurance business 2.7 The national insurance commission (NAICOM) 2.8 The impact of regulatory control/agents
CHAPTER THREE Data presentation and analysis 3.1 Analytical techniques 3.2 Testing the hypothesis     Reference
CHAPTER FOUR FINDINGS, CONCLUSION AND RECOMMENDATIONS 4.1 SUMMARY OF FINDINGS. 4.2 CONCLUSION OF THE STUDY  4.3 RECOMMENDATION             4.4 SUGGESTIONS FOR FURTHER STUDY      BIBLIOGRAPHY     Appendix