THE MANAGEMENT OF INSURANCE COMPANIES TOWARDS THE DEVELOPMENT OF BUSINESS ENTERPRISES

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THE MANAGEMENT OF INSURANCE COMPANIES TOWARDS THE DEVELOPMENT OF BUSINESS ENTERPRISES

ABSTRACT

This project work titled ‘’the management of insurance company towards the development of business enterprises’’ a case Study of Royal exchange assurance Nig. Plc. Kano. This research work intends to survey the role and the concept of insurance companies in business and in the sustainability of business enterprises in Nigeria. The researcher adopted a descriptive method of survey; the sample method use was sampling method. Both primary and secondary sources of data were used to obtain relevant information. The company has a total population of 100 employees. The sample size was 50 which is draw from the total population using Taro Yamani formula. In my findings, it claims for those loss will be guaranteed. It is recommended that the insurance managers should do everything possible to train their staff on job and on insurance training. It is drawn to the phase of the insurance industries with a view of determining adaptability and sustainability, taking into consideration the peculiarity of Nigeria circumstance. Take into consideration, the recapitalization exercise in the companies rather than financial effects and also to proffer solutions to problems hiking around the insurance companies.