Impact of Risk Management on Organization Performance:
General Material Designation
[Thesis]
First Statement of Responsibility
Ganiyu, Kamal
Title Proper by Another Author
Evidence from Selected Insurance Companies in Lagos Metropolis
Subsequent Statement of Responsibility
Ilory, Bisayo O
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
Kwara State University (Nigeria)
Date of Publication, Distribution, etc.
2019
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
86
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
M.S.
Body granting the degree
Kwara State University (Nigeria)
Text preceding or following the note
2019
SUMMARY OR ABSTRACT
Text of Note
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.