SAHEED ADESUNKANMI OYEDE
Prince Oyede Saheed Adesunkanmi (PhD) is a Lecturer in the Department of Insurance, Faculty of Management Sciences, University of Jos, Nigeria.
He has a B.Sc in Insurance, M.Sc Risk Management and Insurance from the University of Lagos and PhD in Business Administration (with Thesis concentration on Enterprise Risk Management) from Ahmadu Bello University, Zaria, Kaduna State.
Dr. Saheed Oyede is interested in Risk Management, Business Administration, Insurance(General Insurance, Agricultural Insurance, Micro-Insurance and Takaful Insurance), Pension(Micro Pension and Pension Multi-fund structure) and Corporate Governance.
Phone: +2348060210424
Address: Department of Insurance, University of Jos, Nigeria.
He has a B.Sc in Insurance, M.Sc Risk Management and Insurance from the University of Lagos and PhD in Business Administration (with Thesis concentration on Enterprise Risk Management) from Ahmadu Bello University, Zaria, Kaduna State.
Dr. Saheed Oyede is interested in Risk Management, Business Administration, Insurance(General Insurance, Agricultural Insurance, Micro-Insurance and Takaful Insurance), Pension(Micro Pension and Pension Multi-fund structure) and Corporate Governance.
Phone: +2348060210424
Address: Department of Insurance, University of Jos, Nigeria.
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Papers by SAHEED ADESUNKANMI OYEDE
Keywords: Internal Environment, ERM, Risk Management Information System, Insurance Company Performance
policyholders for their covered losses is fundamental to the purpose and effectiveness of insurance contracts.
effective policies that will revive and restructure agricultural sector in the country, on the other hand it has to do with farmers’ attitude towards risk in the adoption of innovations and new
production techniques in the agricultural industry as well as the risk inherent in such development and their socioeconomic environment. Muller, Ramm, & Steinmann (2014) in their
study assert that smallholders operate in a complex environment and face a number of constraints, which hold them back from developing their farm activities and ultimately improve their livelihoods. According to the authors, typical constraints include inadequate access to means of production, limited farming know-how, difficulties in market access, cultural
restrictions, significant production and price uncertainty, and a generally unfavorable investment climate. However, micro insurance is an important means of protecting poor households from adverse financial consequences of risk, the purpose is to protect people against risks that can be quantified, through solutions that are responsive to local needs, apply technically-sound operational processes and are structured to promote financial sustainability (MIA, 2012). Micro insurance is an insurance package designed, and often found among the developing countries, where the conventional insurance markets are inefficient or non-existent, in other words not sufficient to extend to their rural areas. Because these people are limited by their financial capacity, and their earning income is lower than a usual insurance plan requirement, therefore, these people can only afford smaller premiums.
Conference Presentations by SAHEED ADESUNKANMI OYEDE
independent variables (regulatory & supervisory function; risk pricing supervision; and efficiency & effectiveness of regulators). The study used primary data obtained through the distributed questionnaire. Linear regression analysis was used to find out the extent to which the set of independent variables impacted the set of dependent Variables. The findings of the study reveal that Regulatory and supervisory functions of the regulator have significant influence on the performance of insurance companies in Nigeria.
Also, there is significant relationship between the risk pricing supervision and poor reserve portfolios in the Nigeria insurance industry. The study recommends that government should put a framework or template in place that will ensure effective, proper, and efficient regulation of insurance business in Nigeria.
Keywords: Internal Environment, ERM, Risk Management Information System, Insurance Company Performance
policyholders for their covered losses is fundamental to the purpose and effectiveness of insurance contracts.
effective policies that will revive and restructure agricultural sector in the country, on the other hand it has to do with farmers’ attitude towards risk in the adoption of innovations and new
production techniques in the agricultural industry as well as the risk inherent in such development and their socioeconomic environment. Muller, Ramm, & Steinmann (2014) in their
study assert that smallholders operate in a complex environment and face a number of constraints, which hold them back from developing their farm activities and ultimately improve their livelihoods. According to the authors, typical constraints include inadequate access to means of production, limited farming know-how, difficulties in market access, cultural
restrictions, significant production and price uncertainty, and a generally unfavorable investment climate. However, micro insurance is an important means of protecting poor households from adverse financial consequences of risk, the purpose is to protect people against risks that can be quantified, through solutions that are responsive to local needs, apply technically-sound operational processes and are structured to promote financial sustainability (MIA, 2012). Micro insurance is an insurance package designed, and often found among the developing countries, where the conventional insurance markets are inefficient or non-existent, in other words not sufficient to extend to their rural areas. Because these people are limited by their financial capacity, and their earning income is lower than a usual insurance plan requirement, therefore, these people can only afford smaller premiums.
independent variables (regulatory & supervisory function; risk pricing supervision; and efficiency & effectiveness of regulators). The study used primary data obtained through the distributed questionnaire. Linear regression analysis was used to find out the extent to which the set of independent variables impacted the set of dependent Variables. The findings of the study reveal that Regulatory and supervisory functions of the regulator have significant influence on the performance of insurance companies in Nigeria.
Also, there is significant relationship between the risk pricing supervision and poor reserve portfolios in the Nigeria insurance industry. The study recommends that government should put a framework or template in place that will ensure effective, proper, and efficient regulation of insurance business in Nigeria.