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ROLE OF CLAIMS SETTLEMENTS IN THE GROWTH OF AN INSURANCE COMPANY

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Insurance is a unique industry and one of the contributing tractors to its uniqueness is the product on the insurer that is, the promise to indemnity at a future date, is tangible. It has been generally accepted that insurance industry exist to guarantee the continued existence of other industries (Mehr and Camack (1976). As an illustration if a factory that is insured is ...

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