This paper evaluated performance of motor insurance companies in Nigeria. The objectives were to determine the following: 1) significant effects of claims settlements on motor insurance firms’ earned premium;2) diffe...This paper evaluated performance of motor insurance companies in Nigeria. The objectives were to determine the following: 1) significant effects of claims settlements on motor insurance firms’ earned premium;2) differences in managerial/technological capabilities among the companies and 3) effects of policy (or time effect) on insurance firms’ output within the study </span><span style="font-family:Verdana;">period. Panel data obtained for this study comprised operational data on</span><span style="font-family:Verdana;"> premium earned and direct claims settlement by these companies over a period </span><span style="font-family:Verdana;">of six (6) years. Using panel data statistical models, we found that direct</span><span style="font-family:Verdana;"> claims settlement negatively affected insurance companies’ earned premium. Also, </span><span style="font-family:Verdana;">significant differences in technological and managerial capabilities were </span><span style="font-family:Verdana;">found to exist among the companies, though only one company exhibited this heterogeneity. Besides, there were no policy impacts (or time effect) on vehicle insurance firms’ output in the study period. Policy implications of the results were discussed.展开更多
An enrolment projection model based on the Markov Chain is developed for Apostolic Faith Secondary School, Akwa Ibom State, Nigeria. Six years of data (between 2008/2009-2013/2014 academic sessions) of student enrolme...An enrolment projection model based on the Markov Chain is developed for Apostolic Faith Secondary School, Akwa Ibom State, Nigeria. Six years of data (between 2008/2009-2013/2014 academic sessions) of student enrolment at the school were studied. The study reveals that the enrolments through various grades are not stable and orderly. The model is helpful for the school’s future planning in matters regarding secondary students’ enrolment.展开更多
文摘This paper evaluated performance of motor insurance companies in Nigeria. The objectives were to determine the following: 1) significant effects of claims settlements on motor insurance firms’ earned premium;2) differences in managerial/technological capabilities among the companies and 3) effects of policy (or time effect) on insurance firms’ output within the study </span><span style="font-family:Verdana;">period. Panel data obtained for this study comprised operational data on</span><span style="font-family:Verdana;"> premium earned and direct claims settlement by these companies over a period </span><span style="font-family:Verdana;">of six (6) years. Using panel data statistical models, we found that direct</span><span style="font-family:Verdana;"> claims settlement negatively affected insurance companies’ earned premium. Also, </span><span style="font-family:Verdana;">significant differences in technological and managerial capabilities were </span><span style="font-family:Verdana;">found to exist among the companies, though only one company exhibited this heterogeneity. Besides, there were no policy impacts (or time effect) on vehicle insurance firms’ output in the study period. Policy implications of the results were discussed.
文摘An enrolment projection model based on the Markov Chain is developed for Apostolic Faith Secondary School, Akwa Ibom State, Nigeria. Six years of data (between 2008/2009-2013/2014 academic sessions) of student enrolment at the school were studied. The study reveals that the enrolments through various grades are not stable and orderly. The model is helpful for the school’s future planning in matters regarding secondary students’ enrolment.
