ABIODUN KEHINDE EMMANUEL

Insurance

At the Insurance department office

Appointment on Visitation important

Topic: Underwriting Operations And Financial Performance: Evidence From Non-Life Insurance Firms In Nigeria

Description: This study investigated the relationship between underwriting operations and the performance of non-life insurance firms in Nigeria. Specifically, the study examined the combined metrics of claim ratio, insurance premium, and re-insurance claims on the return on assets using the non-life insurance firms as bases in Nigeria. The study engaged data within the period of 2011-2020 extracted from the financial statements of five selected non-life insurance firms and analysis of data was conducted with a panel regression procedure. The result showed that insurance premium had a positive significant effect on return on asset, while re-insurance claim and claim ratio had positive but insignificant effect on return on asset. Therefore, this study concluded that underwriting operations contribute to the performance of non-life insurance firms in Nigeria. Hence, this study recommended that non-life insurance firms should put more effort into harnessing strategies and resources that enhances insurance premium in order to improve financial performance.

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

RISK FINANCING OPTIONS AND PROJECT SUCCESS: EVIDENCE FROM BUILDING CONSTRUCTION COMPANIES IN LAGOS STATE, NIGERIA.

Risk financing is a critical element of a business future. its indispensable metrics in safeguarding the structural and economic image of construction firms. Therefore, this study assessed the relationship between risk financing options and project success, with specific reference to the perceptions of selected construction firms in Lagos State, Nigeria. The study adopted a cross- sectional survey research design; with combination of both judgmental and convenience sampling techniques. The study population consisted of sixty-nine 69 registered building construction firms in Lagos State. Thus, a structured questionnaire was adopted in the distribution and data collection processes. Eight-seven 87 were used as sample size and in the data analytical procedure. The statistical technique employed was simple regression. This result confirmed the nexus between risk financing options and project success of selected construction firms in Lagos State. While risk retention options proved a positive relationship with project success at a p value of 0.043, risk transfer options confirmed a positive relationship with project success at a p value of 0.017. the study recommended that more risk retentive capacities should be built by building contractors in a bid to handle small proportions of their risks possibly by creating a risk management department. Government should also be dutiful in their regulatory oversight of monitoring the compulsory purchase of builders liability insurance and thus, ensure that buildings under construction are covered for under a contractor s all-risk insurance policy.

ABIODUN KEHINDE is a Assistant Lecturer at the Department of Insurance

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