Our risk exposures are influenced by our economy, lifestyles, psychical well being, occupation, environment etc., there variables are dynamic therefore risk managers and analyst must be dynamic in their choice of tools to manage risk exposures. In their choice of tools to manage risk exposures, in this project all the knowledge that might be useful to risk managers, however have been presented in the most important process and readable way.
Consequently, this project have been organized in to five chapters.
Chapter 1 emphasizes on the introduction background of study, statement of problems, and benefits of the study.
Chapter 2 emphasizes on the literature review risk management alternatives, risk analysis past and present accident in the aviation industry.
Chapter 3 emphasizes on the research methodology, primary and secondary data and research design.
Chapter 4 and 5 emphasize on the data presentation and personal interview with the DMD of Slok Airlines and the summary of the major findings, conclusion and recommendations.
This research is written in the partial fulfillment of the requirement for the award of the Higher National Diploma (HND) in Insurance. Institute of Management and Technology, Enugu.
1.1 Introduction
In this section, Risk Management; Means of Minimizing Accident in the Aviation Industry in Nigeria is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.