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Reinsurance Practices And Underwriting Capacity Of Insurers

(In Nigeria)

5 Chapters
|
46 Pages
|
8,958 Words
|
Actuarial Science

Complete Reinsurance Practices And Underwriting Capacity Of Insurers Project Materials (Chapters 1 to 5):

ABSTRACT

This study investigates how the use of reinsurance impacts the underwriting capacity of non-life insurance companies in Nigeria. The quantitative aspect of the research employed a longitudinal descriptive research design, analyzing aggregate industry data from forty-one insurance companies operating in Nigeria as of January 1, 2016, according to the National Insurance Commission (2016). For the qualitative component, semi-structured interviews were conducted with a sample of ten insurance companies selected using stratified sampling techniques.

The quantitative analysis utilized multiple regression models with logarithmic transformations, while the qualitative analysis employed thematic content analysis. The findings of the study revealed a statistically significant relationship between reinsurance utilization and the performance of insurance companies.

Furthermore, the results emphasize the importance of increasing shareholders’ funds and improving overall performance to enhance insurance companies’ risk appetite and performance (both financial and non-financial). The study also underscores the necessity for insurance firms to not solely concentrate on financial ratios but also to give due consideration to non-financial aspects due to the intangible nature of insurance products

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Project Structure

The introduction of Reinsurance Practices And Underwriting Capacity Of Insurers should start with the relevant background information of the study, clearly define the specific problem that it addresses, outline the main object, discuss the scope and any limitation that may affect the outcome of your findings

Literature Review of Reinsurance Practices And Underwriting Capacity Of Insurers should start with an overview of existing research, theoretical framework and identify any gaps in the existing literature and explain how it will address the gaps

Methodology of Reinsurance Practices And Underwriting Capacity Of Insurers should describe the overall design of your project, detail the methods and tools used to collect data explain the techniques used to analyse the collected data and discuss any ethical issues related to your project

Results should include presentation of findings and interpretation of results

The discussion section of Reinsurance Practices And Underwriting Capacity Of Insurers should Interpret the implications of your findings, address any limitations of your study and discuss the broader implications of your findings

The conclusion of Reinsurance Practices And Underwriting Capacity Of Insurers should include summarize the main results and conclusions of your project, provide recommendations based on your findings and offer any concluding remarks on the project.

References should List all the sources cited in Reinsurance Practices And Underwriting Capacity Of Insurers project by following the required citation style (e.g., APA, MLA, Chicago).

The appendices section should Include any additional materials that support your project (Reinsurance Practices And Underwriting Capacity Of Insurers) but are too detailed for the main chapters such as raw data, detailed calculations etc.