MANAGEMENT OF INSURANCE COMPANIES IN NIGERIA

ABSTRACT This research work was aimed at determining the impact on management of insurance companies in Nigeria with particular reference to UNIC INSURANCE PLC  A structured questionnaire made up of a little combination of some dictatorship and open ended questions was developed and distributed to a total of 80 male and female employees of UNIC INSURANCE PLC. The data collected were analyzed using percentages, mean and rank order. Based on the above  major findings include; 1.That the human and non-human resources available in the insurance company are not adequate. 2.That UNIC INSURANCE PLC has not experienced any form of friend.  3.Under interference and insanity of the job/position of supervisions affect the objetinty of their reports and recommendations.  4.That non-implementation of previous reports affect the function of supervisors.    Based on these findings, the following efficiency and effectiveness in the management of insurance companies.  a.That Insurance companies should use delegation as a supervisory strategy to be in professional touch with all the department in the insurance company.  b.A  programme of in-service education and training should be given to staff on regular basis to enable them get abreact with the changing demand of time him. c.Insurance companies should consistently organize seminars .Staff meeting, individual conferences, professional lectures and provision of office bulletins  d.Staff safety and welfare packages must be adequately assured for proper continuity.
TABLE OF CONTENT Title page Approval page Dedication. Acknowledgement Abstract Table of contents
CHAPTER ONE Introduction 1.1 Background of the study 1.2 Statement of problems 1.3 Purpose of the study 1.4 Test of Hypothesis 1.5 Significance of the study
CHAPTER TWO Review of related literature 1.1 insurance company organization 2.2 Under writing 2.3 Theory of rating 2.4 Premium rating in non-life insurance 2.5 Premium change in life insurance 2.6 Sources of insurance company fund 2.7 The investment of insurance company fund 2.8 Insurance company account 2.9 Summary of the review literature
CHAPTER THREE Research methodology 3.1 Area of study 3.2 Population 3.3 Sample and sampling procedure 3.4 Instrument for data collection 3.5 Validation of research instrument 3.6 Reliability of research instrument 3.7 Administration of the research instrument 3.8 Method of date analysis
CHAPTER FOUR Data presentation and results 4.1 Date presentation and analysis
CHAPTER FIVE Discussion of results 5.1 Discussion of findings 5.2 Conclusion 5.3 Recommendation 5.4 Limitation of study Appendices