Insurance business was introduced into Ethiopia based on mutual assistances and its modern form traces back to 1905, when bank of Abyssinia began to underwrite fire and marine insurance policy, as an agent to foreign insurance company. The general objective of the study was to analysis the insurance services in the Nile Insurance Company by giving special attention focusing on life insurance. Primary data were collected using a structured questionnaire. In addition, secondary data were extracted from relevant sources to supplement the data obtained from the survey.
The result of this study reveals that gross written premium and net written premium showed on increasing trend. But there is an ups and down of the percentage change because of unhealthy completion between non private and other private insurance companies. Secondly even if there are new classes of life insurance that was sold in Nile Insurance Company, the structure of life insurance in terms of diversification of the source of revenues is limited to small classes of the business. The amount of the premium collected and claims paid in these classes of the insurance is not proportionally distributed.
The end result of the data also shows that there is a direct correlation between premium collections and the claim payments i.e. the classes of life insurance which contributes the large amount of also incur higher claims (cost).
Table of Contents
i. Acknowledgement
iii. List of Tables and Graphs
iv. Acronyms
v. Abstract
Chapter One
1. Introduction
1.1. Background
1.2. Statement of the problem
1.3. Objectives of the study
1.4. Scope of the study
1.5. Significance of the study
1.6. Organization of the study
Chapter Two
2. Literature Review
2.1. Theory of Insurance
2.2. Types of Life Insurance
2.2.1. Ordinary life insurance
2.2.2. Industrial Life Insurance
2.2.3. Group Life Insurance
2.2.4. Credit Life Insurance
2.3. Supplementary Benefits (Riders)
2.3.1. Accidental Death Benefit (ADB)
2.3.2. Accidental Death and Dismemberment (AD&D)
2.3.3. Comprehensive Accidental Indemnities (CAI)
2.3.4. Accelerated Death Benefit
2.4. Health Insurance Rider
2.5. Underwriting
2.6. Sources of Underwriting Information
Chapter Three
3. Methodology of the study
3.1. Data sources
3.2. Analysis of data
Chapter Four
4. Data Presentation and Analysis
4.1. The Structure and Trend of Life Insurance
4.1.1. The Structure of Life Insurance Business in Terms of Market Share
3.1.2. The Performance of life Insurance in NIC in Term of sources of Revenue /Premium/
3.1.3. The Trend of Gross Written Premium in Life Insurance
3.2. The Trends of the Life Fund and Underwriting Performance
3.3. The Structure of Life Insurance in Terms of Cost or Claims Incurred
3.4. Performance Analysis of Life Insurance by Different Cost Ratio Mechanism
3.5. Factors that affects the growth of life insurance
3.5.1. Factors that affect the demand life insurance
3.5.2. Factors That Affect Supply of Life Insurance
3.6. Human Resource Development in NIC
Chapter Five
5. Conclusion and Recommendations
5.1. Conclusions
5.2. Recommendations
6. References
-
-
-
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X. -
-
¡Carge sus propios textos! Gane dinero y un iPhone X.