Analysis of the Role of Insurance Industry in the Promotion of Capital Market Services

Analysis of the Role of Insurance Industry in the Promotion of Capital Market Services

Project / Seminar Material
Reference ID: PS-8183-TM

DEDICATION

This research material titled “Analysis of the Role of Insurance Industry in the Promotion of Capital Market Services” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Insurance, Book Authors and Profound Scholars of existing or related project material on “Analysis of the Role of Insurance Industry in the Promotion of Capital Market Services” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    The topic “Analysis of the roles of insurance industry in the promotion of capital market services” has been adequately researched on. The research identify that the roles of insurance industry in the promotion of capital market had been the major reason for the promoting of insurance industries in the capital market. The research used primary and secondary data collection which was distributed to the respondent and will be interpreted by the respondent. The research question objectives of the study, the research hypothesis were all validated and if at the end it was discovered that the promotion of capital market in the role of insurance industry has been the main stay of any insurance company.

    Analysis of the Role of Insurance Industry in the Promotion of Capital Market Services

    CHAPTER ONE

    Introduction

    1.1 Background Of The Study

    When one is satisfied with basic need of man such as food, clothing, shelter etc. he would design for security against uncertainty according to Abraham Malsow in theory of motivation, hence insurance provides security or protection against uncertainty.

    Insurance is defied according to Nwite (2008) as a system for transforming the responsibility for paying looses from one party to another.

    However, insurance play vital role in promoting capital market service in Nigeria. Insurance industry has required to provide technical assistance (TA) for supporting more balance development of capital market increasing the range and sophistication of financial products and strengthen the existing institution and policy frame work making the Nigeria capital market efficient competitive financially sound responsive to global trend and improve access to debt equity and risk management to support high level of economic growth and investment.

    Furthermore, the insurance industry helps to government aims to build on previous advisory that addressed weaknesses in important area of capital market operation, and laid the ground work for the capital market to play a strong role in supporting Nigeria economic development with this regard the capital market has grown substantially. Loans from financial institutions continue to be the major sources of private sector financing as of 2007. Bank financing to gross domestic product (GDP) amounted to 80% while equities market 54%.

    Therefore capital market can be defined as a part of finance market that provides, facilities for transfer of medium and long term funds to various economic Unilbal (1976).

    1.2 Statement Of Problems

    1. The major problem ensilage the poor participation of Nigeria capital market in developing countries like Nigeria, because it is though it that firms are able to expand and obtain Nigeria machinery and equipment.
    2. Inadequate financial capital to take of and expansion of the small medium and large scale industries, such as lack of collateral and low credibility.
    3. Fraud is one of the problem capital market encounter. The rate of fraud in the economy is embracing thereby limited some capital market ability to effective and efficient operation in their economy.
    4. Inconsistence power supply is another problem facing effective operation of Nigeria capital market are operated through the use of electricity and beak in such power supply will challenge efficient operation.
    5. Bad environment for investment: An environment which is not force due to political changes and religious or cultural crisis will affect effective operation of the Nigeria capital market.

    1.3 Objective Of The Study

    The research work is therefore directed toward the achievement of the following.

    1. To have an overview of the study and operation of the capital market.
    2. To identify a strong member regulation that will being about market discipline and confidence in the Nigeria capital market.
    3. To determine how to reduce the cost of transaction to make the Nigeria capital market internationally competitive and alterative to both local and foreign investors
    4. To examine the policies insurance industry often in bringing the effective and efficient of capital market.
    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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