THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT

INTRODUCTION

Insurance has been defined as an economic device whereby the risk of people and economic enterprises are transferred from an individual to a group. In the process, the individual pay’s a fee known as the premium to the group for the assumption of risk. In the evidence of the contract of risk assumption, the group issued a document known as the insurance policy to the individual.

TABLE OF CONTENTS

Cover page

Title page

Approval page

Dedication

Acknowledgement

Table of contents

CHAPTER ONE

Introduction

1.1 Background of the study

1.2 Statement of problems

1.3 Objective of study

1.4 Significance of the study

CHAPTER TWO

LITERATURE REVIEW

2.1 The major development within the insurance industry in Nigeria in the most recent past.

2.2 The roles in the development of our national economy

2.3 Different classes of insurance and their contribution in economic development

2.4 The role of insurance as regard to other financial institutions

2.5 The performance of insurance companies in the field of claim settlement and risk management

2.6 The role of NICON and some other insurance companies

2.7 The problems facing insurance in Nigeria

2.8 Solution to insurance problem in Nigeria

CHAPTER THREE

3.1 Summary

3.2 Conclusion

3.3 Recommendation

3.4 References

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APA

ShC49Ph5c0009dd836123.71809855, B. (2018). THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT. Afribary. Retrieved from https://beta.afribary.com/works/the-role-of-insurance-companies-in-nigerian-economic-development-9905

MLA 8th

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 "THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-role-of-insurance-companies-in-nigerian-economic-development-9905. Accessed 25 Apr. 2025.

MLA7

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT". Afribary, Afribary, 29 Jan. 2018. Web. 25 Apr. 2025. < https://beta.afribary.com/works/the-role-of-insurance-companies-in-nigerian-economic-development-9905 >.

Chicago

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT" Afribary (2018). Accessed April 25, 2025. https://beta.afribary.com/works/the-role-of-insurance-companies-in-nigerian-economic-development-9905

THE ROLE OF INSURANCE COMPANIES IN NIGERIAN ECONOMIC DEVELOPMENT

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