An appraisal of the role of national insurance commission (NAICOM) in the management of insurance companies Department:Insurance and Actuarial Science By: ultimeight Project ID: 2913 Rating: (3.2) votes: 11 Price:₦1000 Get the Complete MaterialAbstractThe purpose of this research is concerned with the impact of government policies on regulating the activities of insurance companies operating in Nigeria. The government responsibility to supervise, regulate and control the activities of insurance companies and intermediaries is to protect the interest of the insuring public and to save them from exploitation by unreliable insurers. Because of the intangible nature of insurance product, the government wants to make sure that those engaged in it must be competent persons who will fulfill their promise and pledges when the need arises. Also because of the complexity of insurance business, it is necessary that the government regulate it to protect the policy holders. Also because of the violation of public trust that occurs in insurance transistors, the government has found it necessary to regulate insurance industries so as to control such violations. The project attempts to appraise the effectiveness of government policies in regulating the insurance companies in Nigeria. ...Preview Download Preview +Other Insurance and Actuarial Science project topics and materials you might be interested in»An appraisal of the role of national insurance commission (NAICOM) in the management of insurance companies»Factors militating against marketing of insurance services in the rural areas and the way forward - a case study of Ikole local government, Ekiti state»National health insurance scheme as a viable tool in improving Nigeria health care system (a case study of Lamodi comprehensive health centre Offa, Kwara state)»Examining the synergistic influence of financial inclusion and internet accessibility on insurance reach in Nigeria»Impact of corporate governance on the growth of insurance sector in Nigeria