Profitability is one of the most important objectives of financial In order to carry out the study, secondary data of 17 life insurance companies over the period of 2008-2012 was obtained on the financial performance from the annual reports and audited financial statements. Methodology. Abebe, A. K., & Abera, M. T. (2019). & Rodrigues, R. (2015). and leverage are the most important determinants of financial performance. This paper attempts to examine the relationship between financial performance and their determinants in the case of Indian life insurance sector. tistical effects on the financial performance of Jordanian Insurance Companies (Amal, Sameer, & Yahya, 2012). Insurance services are now being integrated into wider financial industry and the insurance sector plays an important role in service based economy of Pakistan. This study used systematic random sampling method to select the respondents. Discussing and analyzing the determinants of performance of insurance companies, is considered important in the corporate finance … Measuring the financial performance of the insurance market and the factors affecting its performance is a very interesting topic, theoretically and practically, to financial … – The aim of this research is to assess the financial performance of the life insurance industry of an emerging economy. Six financial performance measures are used to capture different aspects of the insurance … The insurance services are being integrated to wider financial services and now in these days insurance sector plays an important role in service based economy of Pakistan. In particular the study delves into the major determinants of the profitability of the life insurance industry of Ghana. The economy as well as insurance industry of USA and UK face decline during last decade. Literature categorises these determinants into … The financial performance of insurance companies is also relevant within the macroeconomic context since the insurance industry is one of the financial system ’ components, fostering economic growth and stability. "The Determinants of Financial Performance in General Insurance Companies in Kenya." Over the past decades, more regulations for insurance companies have been created. It attempts to investigate rating trends and forecast rating movements through the application of rating transition matrices. The objective of this study was to investigate the factors of financial performance of financial sectors in Pakistan. In contrast, liquidity ratio is positively and significantly related with financial performance. 6 No. Abstract: The contribution of the general insurance industry in Kenya to thegross domestic product is at 2.08%. The researcher compares two insurance industries, analysis possible determinants of financial performance during global financial crisis, collected 24 insurance companies’ Quarterly data from 2007-16 and applied panel data techniques. 2015;11(1):288-297. To focus the overall performance of the financial performance of insurance Companies in Bangladesh; To prepare necessary recommendation to develop the standard of service . The study was therefore to establish the factors that affect the profitability of general insurers in Kenya. experience) and financial performance of life insurance companies in Kenya. Macroeconomic and firm specific determinants of profitability of insurance industry in ethiopia. defined as proxy of financial performance, is one of the main objectives of insurance companies’ management (Burca & Batrinca, 2014). Malik (2011) disclosed slightly different results. This paper aims to examine the effect of insurance specific characteristics, corporate governance and risk reporting attributes, Shari’ah board and inflation rate on the financial performance of Takaful and cooperative insurance industries.,Based on a dynamic panel generalized method of moment’s system estimation, the author investigates determinants of financial performance as … 1.1 Problem statement. takaful operator’s financial performance is limited due to the lack of data and empirical evidence on this area. M.Mwangi, J.Wanjugu. He studied the effect of five determinants namely age of company, size, capital, leverage, and loss ratio on the return on assets using data of 35 listed life and non-life insurance Felício, J.A. According to Yuqi Li (2007) financial institutions’ non-financial statements variables are Nonfinancial ex- In summary, the aim of this study is to evaluate financial performance (FP) of UK insurance companies by analysing their rating performance. Factors Affecting the Financial Performance of Jordanian Insurance Companies Listed at Amman Stock Exchange. The Solvency II Directive has been worked on for … Second, the factors that significantly affect life insurers' financial health are firm size, change in asset mix, investment performance, and change in product mix, but the last three factors are more applicable to Japan. In this study, we examine the impact of firm-specific characteristics (size, leverage, tangibility, risk, growth, liquidity and age) on the performance of eight insurance companies in Tunisia a period of 8 years (2005-2012). 1, May 2014 92 But, in other studies we noted that liquidity, capital and investment are important determinants of bank profitability [13]. Lecturer, Department of Accounting and Finance, Arba Minch University, Ethiopia . Journal of Business Research, 68(7), 1622-1629. The contribution of the general insurance industry in Kenya to the gross domestic product is at 2.08%. insurance companies, the relative small sample size reduces the extend of the generalisation of this study. The theoretical part of the report is based solely on secondary information. underwriting and investment related) financial performance in the Bermuda insurance market. Abstract: Financial performance is the key question for survival and stability of insurance industry. The researchers used only secondary data type from selected insurance companies, viz., National Bank of Ethiopia (NBE) and Ministry of Finance and Economic cooperation (MoFEC). insurance companies during the process of the development and consolidation of the financial nonbank system. Determinants of Performance in Islamic Banks: Some Evidence from the middle East Islamic Economic Studies, Vol. According to experts of the insurance sector in 2011 was difficult for insurance companies. Insurance companies are in the risk business and as such cover various types of risks for individuals, businesses and companies. Profitability is one of the most important objectives of financial management because one goal of financial management is to maximize the owner` s wealth and profitability is very important determinants of performance. life insurance, catering to the needs regarding any incident of the death, and non-life insurance, which includes companies which provide insurance facilities against health, motor, fire, marine, and so on. and business performance. Insurance Companies Taye Tadesse Tesfaye . The method used is multiple regression analysis and Moderated Regression Analysis. The target population for this study comprised the 46 insurance companies in Kenya. The researcher compares two insurance industries, analysis possible determinants of financial performance during global financial crisis, collected 24 insurance companies’ Quarterly data from 2007-16 and applied panel data techniques. The Indian insurance industry can be categorized into two major market segments based on the purpose and service provided by them, viz. This study investigated determinants of financial performance of listed financial sectors in Karachi Stock Exchange from 2008 to 2012. The financial performance of insurance companies is also relevant within the macroeconomic context since the insurance … competence index have a positive effect on the financial performance of Jordanian Insurance Companies. Journal of Accounting, Finance and Auditing Studies, 5(1), 155-172. 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