MANAGEMENT OF REINSURANCE FUNDS A CASE STUDY OF NIGERIA REINSURANCE CORPORTION

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dc.contributor.authorKWARI, SULEIMAN ABDU
dc.date.accessioned2014-02-10T12:11:30Z
dc.date.available2014-02-10T12:11:30Z
dc.date.issued1997
dc.descriptionBEING A PROJECT SUBMITTED TO THE POST GRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE IN MASTERS OF BUSINESS ADMINISTRTATION (M.B.A.)en_US
dc.description.abstractThe success of any organisation depends on the effective management of its funds. Management of investment funds is one problem confronting many companies including the Nigeria Reinsurance Corporation. This project examines the management of Reinsurance funds with particular reference to Nigeria Reinsurance Corporation. Specific focus was placed on the determination of the efficiency and effectivenes of management of funds generated through premiums, compulsory legal cession, investment income and other sources in Nigeria Reinsurance Corporation. The study reviewed that about 85% of registered insurance companies in Nigeria transact business with Nigeria Reinsurance Corporation. 10096 of the premiums received by the Corporation is invested by way of fixed deposits, purchase of services, debentures, government securities, real estate and the like. The Corporation has also succeeded in conserving the foreign exchange of the country to a large extent and part of the premium received are remitted abroad for further spreading of risk. However, the Corporation has not succeeded in collecting much premiums because the defaulting companies have not been prosecuted, and the volume of work in the Corporation has grown to the extend that the mannual system being used could no longer cope with it. The investment problem of Nigeria Reinsurance Corporation, these study revealed, were not caused by inadequate funds, the government fiscal policies among others affected the Corporation's miximization of its investible funds. Based on our findings, the recommend actions of this study if implemented will reduce if not solve most of the identified problems.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/966
dc.language.isoenen_US
dc.subjectMANAGEMENTen_US
dc.subjectREINSURANCEen_US
dc.subjectFUNDSen_US
dc.subjectCASEen_US
dc.subjectSTUDYen_US
dc.subjectSTUDYen_US
dc.subjectNIGERIAen_US
dc.subjectREINSURANCEen_US
dc.subjectCORPORTIONen_US
dc.titleMANAGEMENT OF REINSURANCE FUNDS A CASE STUDY OF NIGERIA REINSURANCE CORPORTIONen_US
dc.typeThesisen_US
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