| dc.creator |
Hassan, Alli |
|
| dc.date |
2020-11-06T09:57:38Z |
|
| dc.date |
2020-11-06T09:57:38Z |
|
| dc.date |
2020 |
|
| dc.date.accessioned |
2021-05-05T08:08:37Z |
|
| dc.date.available |
2021-05-05T08:08:37Z |
|
| dc.identifier |
APA |
|
| dc.identifier |
http://hdl.handle.net/11192/4433 |
|
| dc.identifier.uri |
http://hdl.handle.net/11192/4433 |
|
| dc.description |
A Dissertation Submitted for the Partial Fulfillment of the Requirements for
Award of the Degree of Masters of Business Administration in Corporate
Management (MBA-CM) of Mzumbe University |
|
| dc.description |
It was found that low premium rate charged is the most factor influencing
underwriting loss on Non-life insurance in Tanzania, followed by poor underwriting
practices and increased claims costs. Non-remittance of premiums to insurers by
insurance intermediaries was revealed as a fourth factor influencing underwriting
loss along with increased management expenses that was revealed as the fifth factor.
The topic understudy was factors influencing underwriting loss on non-life insurance
in Tanzania taking a number of selected insurance companies operating in Dar es
Salaam as case study. The study was conducted based on four research objectives
based on assessment of the procedures influencing underwriting loss on non-life
insurance; assess of the factor influencing underwriting loss on non-life insurance.
explore the challenges influencing underwriting loss on non-life and to find out the
factors militating underwriting loss on non-life insurance. In achieving its goal or
target of these four research objectives, the researcher employed questionnaires as
tool for collecting data. The researcher had intended to have a sample of 50
respondents in gathering information.
Further still the study presented a number of concepts and models from different
literature so that the researcher would have the general knowledge on the research
variables. The findings indicated that the industry is also facing challenges such as
stiff competition, rate under-cuttings which TIRA should address with insurance
stake holders so that a health competition is being maintained without unnecessary
undercutting and spoiling the market and avoid huge losses due to poor underwriting
as those witnessed from the year 2010 to 2014. Remarkable growth of premiums
income has been recorded for the past 5 years, (2010- 2014) but underwriting results
were negative. The study also found out that insurance industry in Tanzania need to
take some necessary measures in order to eliminate underwriting losses and improve
underwriting performance. The measures required to be taken by insurance industry
in Tanzania. |
|
| dc.language |
en |
|
| dc.publisher |
Mzumbe University |
|
| dc.subject |
Non-life insurance in Tanzania |
|
| dc.subject |
underwriting loss on Non-life insurance in Tanzania |
|
| dc.title |
Factors influencing underwriting loss on non-life insurance in Tanzania: A case of selected Insurance Company in Dar es Salaam City |
|
| dc.type |
Thesis |
|