The Viability Of Cooperative Insurance In Nigeria

Project and Seminar Material for Economics

Abstract

Without needing to be told, the topic liability of cooperative insurance in Nigeria portends the gross nature of its many facts. The topic is more or loss as open one as most people would however, the research thought it right to limit the study to the first Enugu international cooperative insurance for the sake of convenience.

The project tries to delve into viability (and hence practicability of cooperative insurance in Nigeria it does this by trying to establish the workability of the statutory requirement cooperative insurance firms must meet before registration. Similarly, the issue of competition in the insurance industry is looked at especially when it concern the big firms already in the industry.

Government intervention in the affair of cooperative insurance is given a look with a view to suggesting ways result can be attained. The cooperative and insurance principle conflict were attempted to be resolved with a view of cross section of to marrying them and channeling them into these exercise sought the view of cross section of respondent who were knowledgeable as regarded the topic. Their view are presented sequentially and is hoped that at the end any one who goes trough thus will appreciate better the concept of cooperative insurance.

Table Of Content

Title page
Approval page
Dedication
Acknowledgement
Abstract

Chapter One

Introduction
1.1 Background of study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Significance of the study
1.5 Research hypothesis
1.6 Scope and limitation of study
1.7 Definition of terms

Chapter Two

Review of related literature
2.1 Nature of cooperative
2.2 Definition of cooperative
2.3 Historical development of insurance
2.4 Definition of insurance
2.5 First Enugu international insurance cooperative as cooperative insurance
2.6 How insurance works
2.7 Cooperative insurance function
2.8 Cooperative as a financial institutions to the cooperative
2.9 The cooperative insurance market in Enugu state
2.10 Cooperative insurance principle
2.11 First Enugu international cooperative law and rule
2.12 Establishment and aims of cooperate insurance economic system
2.13 First Enugu international cooperative insurance economic system
2.14 Distinguishing factors between cooperative insurance and mutual insurance company