ABSTRACT:
This research work looks into the relatives contribution of marine insurances to the total presume income of UNIC insurance plc, a company established in 1965 and which underwriters insurance risks in all classes of insurances business (life and Non-life). It also focus on the establishment of a period of three years 2003, 2004 and 2005 and the comparative growth in earnings attributable to marine insurance.
The methodology deals with the company’s investigation and analysis of actual corporate performance. It also deals on the major problems which UNIC PLC pace in generating higher premium income from marine insurances free from fraudsters.
The objective of this study broke into
CHAPTER ONE
CHAPTER TWO
2.1 Historical Evolution Of Marine Insurance
2.2 Marine Insurance And Overseas Trade
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Sources Of Data
3.2 Data Analysis Techniques
3.3 Population And Sample Size
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 Premium Income Generated By Class Of Insurance
CHAPTER FIVE
SUMMARY, FINDING, CONCLUSIONS, AND RECOMMENDATION
Reference
Bibliography
Questionnaire
Insurance is a fascinating area of study which covers many areas including life, motor, contractor’s all risk, goods-in-transit, fidelity bonds, fire and Burglary, workmen’s compensation personal accident and marine.
In Nigeria, however, many people hunk that it is only concerned with life, fire and motor. Some insurance companies also have the motion that only profitable areas in insurance are generally accident, fire and life. Marine insurance is not given adequate attention and its value as an income generating source is overlooked. Professionally the concept of insurable interest is seldom attached to marine insurance at inception whereas insurable interest exists for other classes of insurance at inception.
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