Factors Determining Premium Income Of

Contents

Chapter – 01 3

1.00: Introduction and Problem Statement 3

Chapter-02 4

2.00: Review of Literature 4

Chapter - 03 6

3.00: Development of the Theoretical /Conceptual Model 6

Chapter - 04 7

4.00: Development of Hypotheses 7

4.01: Quantitative Format 7

4.02: Quantitative Format 7

Chapter -05 8

5.00: Data Sources and Collection Procedures 8

Chapter -06 9

6.00: The Regression Model 9

Chapter -07 10

7.00: Analyses of the Regression Equation 10

7.01: (a) Descriptive Analysis …………………………….………………...........................11

7.01.01: Bar Graph of Premium Income for AICL…………………………………………...…12

7.01.02: Bar Graph of No. of Development Officer for AICL………………………………….13

7.01.03. Bar Graph of Agency Commission for AICL…………………………………………..14

7.01.04. Bar Graph of Advertisement Expenses for AICL…………………………………..….15

7.01.05. PIE Chart of Premium Income of AICL………………………………………………..16

7.01.06. PIE Chart of No. of Development Officer of AICL……………………………………16

7.01.07. PIE Chart of Agency Commission of AICL…………………………………….......... 17

7.01.08. PIE Chart of Advertisement Expenses for AICL………………………………………17

7.02: (b) Empirical Analysis……………………………………………………………………18

7.02.01. Scatter Diagram of No. of Development officer & Premium income for AICL…... 18

7.02.02. Scatter Diagram of Advertisement Expenses & Premium income for AICL ………18

7.02.03. Scatter Diagram of Agency Commission & Premium income for AICL………….. 19

7.03. Interpretation of Result…………………………………………………………………..20

7.04. Test of Hypotheses……………………………………………………………………….21

Chapter-08 23

8.00: Conclusion and Recommendation for further studies 23

Chapter-09 24

9.00: Literature Cited 24

Chapter – 01

1.00: Introduction and Problem Statement

ABC Insurance Company Limited (AICL) is a public limited service-oriented financial organization whose primary objective is to carry on all kinds of General Insurance Business i.e. Fire, Marine, Accident, Employees liability, workmen’s compensation, disease, sickness, survivorship, failure of issue, burglary, robbery, theft, fidelity and transit Insurance and all kinds of guarantee and indemnity business. The company has 48 branches covering almost all important business centers of the country, besides its registered office in Dhaka. As it is a service-oriented company, premium income largely depends on quality of service rendered. Every branch has different numbers of development officers whose sole duty is to convince the client on all aspects