ABIODUN KEHINDE EMMANUEL

Meet ABIODUN KEHINDE EMMANUEL, an Academic Staff of Lagos State University.

Specialization

Risk Management $ Insurance/ Actuarial Science

Designation

Assistant Lecturer

Department

Insurance

Office

At the Insurance department office

Visiting Hour

Appointment on Visitation important

Research Interest

Topic: RISK MANAGEMENT AND INSURANCE/ACTUARIAL SCIENCE

Description:

Influence of Capital structure on the Financial performance of general Insurance business in Nigeria

Qualifications

# Certificate SchoolYear
1. M.Sc (RISK MANAGEMENT & INSURANCE) UNIVERSITY OF LAGOS. 2019

Current Research

THE EFFECT OF ENTERPRISE RISK MANAGEMENT ON THE PERFORMANCE OF INSURANCE COMPANIES IN NIGERIA (A STUDY OF SELECTED INSURANCE COMPANIES IN LAGOS STATE)

Research Details

Enterprise Risk Management (ERM), According to the Casualty Actuarial Society, ERM is defined as “the discipline by which an enterprise in any industry assesses, controls, exploits, finances, and monitors risks from all sources for the purpose of increasing the enterprise's short- and long-term value to its stakeholders.” Managing risk is a major issue in today’s changing business environment. In recent years, however, a paradigm shift has occurred regarding the way to view risk management. In Nigeria, insurance companies have had to battle with several risks, including payment of premium by clients, false pretense of insurance claim, limited understanding of how insurance companies operate, especially among the illiterate population leading to low patronage of insurance products coupled with other externalities including changes in currency rates and inflation. These challenges greatly affects the smooth operations of insurance companies and have increasingly affected the progress of insurance in Nigeria. This study is aimed at accessing the effects of Enterprise Risk Management on organization performance in Insurance companies in Nigeria. Organizational performance of insurance companies is driven by the quality of allocation to tangible and intangible assets. It is driven by past activities of the company which impact on the current and the future. The data used were collected through primary sources with the use of structured questionnaire and were analysed through Descriptive statistics with the use of correlation to test the relationship between the variables. The result shows that financial risk, market risk, liquidity risk and operational risk significantly influences organizational performance. In conclusion, the researcher recommended that holistic risk management approach and quick claim settlement should be practised in insurance companies in Nigeria.

Biography

ABIODUN KEHINDE is a Assistant Lecturer at the Department of Insurance

ABIODUN has a M.Sc in RISK MANAGEMENT & INSURANCE from UNIVERSITY OF LAGOS.

The Numbers Say it AllWhy Choose Us