By HANNAH ATOMODE COMPONENTS OF RISK 1. Uncertainty: Doubt about the future, lack of complete knowledge. This is the main component of risk, because if we are fully aware of...
By HANNAH ATOMODE Risk is a perceived concept that varies from person to person. It can be seen as the possibility of a bad occurrence, doubt concerning an outcome, likelihood...
By Hannah Atomode A significant number of Nigerians are misinformed about insurance, which has resulted in low insurance penetration in the country. According to the Nigerian Insurers Association, the country's...