Claim Management of Non-Life Insurance Companies in Ghana: Does It Impact on Profitability?
نویسندگان
چکیده
This study seeks to interrogate the impact of claim management on profitability non-life insurance companies in Ghana covering years 2013-2020. The employs fixed effects and random techniques with data period Hausman test is used as an appropriate approach conduct this study. Our work measured utilizing interpretive financial tools such return assets (ROA) returns equity (ROE). The results our research indicates that ratio retention have a profound adverse asset. In terms (ROE), expense negatively significantly affect profitability. recommends should institute effective processing system highly qualified, experienced, trained technical staff ensure efficiency claims management.
منابع مشابه
The Effects of Firm-Specific Factors on the Profitability of Non-Life Insurance Companies in Turkey
This study investigates the firm-specific factors affecting the profitability of non-life insurance companies operating in Turkey. For this purpose, data of 24 non-life insurance companies operating in Turkey from the period 2006–2013 were brought together to obtain 192 observed panel data sets. In this study, profitability is measured by two different variables: technical profitability ratio a...
متن کاملMeasuring Efficiency of Conventional Life Insurance Companies in Bangladesh and Takaful Life Insurance Companies in Malaysia: A Non-Parametric Approach
This study is conducted to measure the actual efficiency comparison of life insurance company between Bangladesh and Malaysia. Total 15 life insurance companies’ were selected for the study where 10 conventional life insurance companies’ from Bangladesh and 5 Takaful lifeinsurance companies’ from Malaysia. Authors tried toindicate the problems and way to get exact solutions by using Data Envelo...
متن کاملFuzzy claim reserving in non-life insurance
This paper develops several expressions to quantify claim provisions to account in financial statements of a non-life insurance company under the hypothesis of a fuzzy environment. Concretely, by applying the expected value of a fuzzy number and the more general concept of value of a fuzzy number to the ANOVA claim predicting model [2] we estimate claim reserves to account in insurer’s balance ...
متن کامل“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”
abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...
15 صفحه اولSpatial modelling of claim frequency and claim size in non-life insurance
In this paper models for claim frequency and average claim size in non-life insurance are considered. Both covariates and spatial random effects are included allowing the modelling of a spatial dependency pattern. We assume a Poisson model for the number of claims, while claim size is modelled using a Gamma distribution. However, in contrast to the usual compound Poisson model, we allow for dep...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Applied Economic Sciences
سال: 2022
ISSN: ['1843-6110']
DOI: https://doi.org/10.57017/jaes.v17.2(76).02