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FACTORS THAT DETERMINE THE CHOICE OF INSURANCE COMPANIES AMONG CORPORATE INSURANCE BUYERS

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY The advent of insurance industry in Nigeria could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in UK. After the Nigerian political independence of 1960, indigenously owned insurance companies sprang up with lot of inadequacies, like lack of capital, valuation of risk selection and poor claims management. These inadequacies of capital coupled ...

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