Download Tag: INSURANCE COMPANIES

ABSTRACT The purpose of this study was to establish the relationship between the contributions of insurance companies and the growth of SMEs in NICON basing on the following objectives; to examine major factors that affects the growth of SMEs; to assess the contribution of insurance companies to the growth of SMEs; to investigate the factors inhibiting the purchase of insurance cover by SME operators and to determine the strength of ...

ABSTRACT Business produce goods and services to satisfy the demand of customers. Muchas these businesses declare profit year-in-year-out, they also face element of riskand uncertainties that may causes losses. This includes fire, theft, damage byartificial or natural agents and so forth. The business men in the olden daysengage into economic activities with pessimism and fear of incurring losses. Thisinhibits large scale production which is capital intensive. However, with the adventof ...

ABSTRACT The main aim of this research is to determine the role of insurance companies on the Economy of Cameroon using the Cameroon insurance industry as case study. This purpose of the study is to know whether or not there exist a role played by insurance companies on Cameroon Economy. We had to split our main objective into two in order to analyze the role of both life and non-life ...

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 ...

CHAPTER ONE 1.1       INTRODUCTION Insurance in its modern form was first introduced into Nigeria by the British long before the arrival of the British a lot of organized trading activities was going on in the Nigeria territory, but there was no organized insurance business, as we know it today. The first insurance company to have a full branch office in Nigeria was the Royal Exchange Assurance. It opened, its first ...

ABSTRACT The purpose of this research work was to determine the application of accounting principles in insurance companies. The limitations that prevent their proper application and whether insurance accounts are in conformity with the generally accepted accounting principles. Data were collected from respondents mainly accountant and managers from different insurance companies in Onitsha through personal interview. However, the outcomes showed that the accounting principles adopted by insurance companies and the ...

ABSTRACT The aim of this research titled “The Application of Accounting Principle in Insurance Industries” is to examine how insurance companies apply accounting principles in their operations and the extent of adherence. The work was divided into chapters. The first chapter is the introductory part of the research work. This chapter also contains the background of the study, statement of problems; research question etc. data for the study was sourced ...

CHAPTER ONE 1.0            INTRODUCTION Accounting is very essential in every profit making organization that has economic resource such as money, machinery and building, while it has bee called the language of business.  It has serves as a language to provides financial information about non profit oriental businesses organization such as churches, government, charities, hospital, club etc. In addition once role or objectives in life as a manager. Politician, investor, student he wile ...