Impact of Risk Management on Organization Performance: Evidence from Selected Insurance Companies in...

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" Impact of Risk Management on Organization Performance: Evidence from Selected Insurance Companies in Lagos Metropolis "
Ganiyu, Kamal Ilory, Bisayo O

Document Type	:	Latin Dissertation
Language of Document	:	English
Record Number	:	1057598
Doc. No	:	TL56715
Main Entry	:	Ganiyu, Kamal
Title & Author	:	Impact of Risk Management on Organization Performance: Evidence from Selected Insurance Companies in Lagos Metropolis\ Ganiyu, KamalIlory, Bisayo O
College	:	Kwara State University (Nigeria)
Date	:	2019
Degree	:	M.S.
student score	:	2019
Note	:	86 p.
Abstract	:	Insurance organization is present era operate in the world of uncertainties because of changing economic environments and uncertainty of business and unpredictability of risks that are internet in business operations which hinder organization performances. This study therefor examined the impact of risk management on organization performance of Leadway Assurance and American International Insurance Company (AIICO). The survey research method was employed were 275 respondents from both Leadway Assurance and AIICO Insurance company was selected for the study and the data for the study was gathered with the aid of self-administered questionnaire. Multiple linear regression and Pearson correlation coefficient was employed in analyzing data collected with the aid of statistical package for social science (SPSS) version 23. The findings revealed that there is a statistically significant relationship between risk identification and organizational profitability and productivity. Furthermore, the findings revealed that there is a statistically significant relationship between risk identification and organizational profitability and productivity. Furthermore, the findings revealed that there is statistically significant relationship risk mitigation and organizational profitability and productivity. Lastly, the findings revealed that the risk mitigation have a high impact on organizational profitability and productivity.Finally, the recommended that cost effective measures should be in place for timely risk identification and effective risk mitigation, so as to ensure that their profitability are not negatively impacted.
Descriptor	:	Business administration
	:	Commercial markets
	:	Management
Added Entry	:	Ilory, Bisayo O
Added Entry	:	Kwara State University (Nigeria)