Factors Affecting the Performance of Insurance Business
Abstract
This study was aimed to study the general situation of business, to compare the
financial ratios between life insurance business and non-life insurance business, and to study the
factors which affected the performance of insurance business. The study results showed that the
financial ratios between life insurance business and non-life insurance business were compared,
it was found that financial ratio of life insurance business was better than non-life insurance
business for 6 ratios as follow: Net Premium, Return on Assets, Total Assets Turnover, Policy
Liability to Capital Fund, Current on Premium, and Debt-to-Equity Ratio. As for the study on the
factors which affected the performance of insurance business, it was found that the performance
of life insurance business were affected by the following financial ratios: Return on Investment
(0.810) and Dividend Payout (0.354). The factors which affected the performance of non-life
insurance business were Policy Liability to Capital Fund (2.678), Debt-to-Equity Ratio (1.370), and
Provision-to-Assets Ratio (0.755). And it could be concluded that the difference between the type
and the size of business affected the performance differently.
Collections
- Research Report [131]