this paper attempts to develop a method for readiness assessment of potential electronic commerce (e-commerce) success of iran’s insurance industry. this method can expand in other industries. key factors impacting e-commerce are identified from wells, d. and thomann, j. (2006) researches. this model is a two-dimension 3*4 matrix. each dimension consists of variables that influence on insurance...

Improving the accuracy of insurance claims benefits both customers and insurance companies. Incorrect predictions effectively raise insurance costs for safe drivers and lower costs for risky drivers, and can be costly to insurance companies. Better predictions increase car-ownership accessibility for safer drivers and allow car insurance companies to charge fair prices to all customers. Better ...

This paper examines how changes in major elements of the U.S. federal crop insurance program affect the structure of the agricultural insurance industry. We model interactions between farmers, insurance agents and insurance companies. Marginal changes in government policy (premium subsidy rate, A&O subsidy rate, and loading factor) affect the insurance premium rate, agent compensation rates, ag...

The insurance industry is instrumental in economic growth through enabling protection, capital creation and promoting commerce. However, there has been a decline the industry's profitability Kenya. Hence, study assessed effect of risks on financial performance companies Specifically, examined effects credit risk, liquidity solvency reinsurance risk underwriting GDP was used as moderating variab...

Insurance sector in India is growing at a very fast pace. With the entry of more and more private sector insurance, the competition within the industry is becoming very intense. Competition in the country among the insurance companies is strong as there have been new entrants into the market. Thus customer satisfaction is a crucial issue for the insurance company management to retain and attrac...

Insurance companies invest their wealth in financial markets. The wealth evolution strongly depends on the success of their investment strategies, but also on liquidity shocks which occur during unfavourable years, when indemnities to be paid to the clients exceed collected premia. An investment strategy that does not take liquidity shocks into account, exposes insurance companies to the risk o...

This paper evaluates the relative efficiency of 23 Non Life Insurance companies in Indonesia, using Data Envelopment Analysis (DEA) model. DEA is a management evaluation tool that assists in identifying the most efficient and inefficient decisionmaking units (DMUs) in the best practice frontier. Empirical results show that bigger insurance companies are found to be efficient than smaller firms....

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 res...