The determinants of profitability of insurance companies in Palestine
Other Title(s)
محددات الربحية في شركات التأمين في فلسطين
Joint Authors
Abd al-Jawad, Islam
Duwaykat, Layth
Uwaydat, Ghassan
Source
An-Najah University Journal for Research-B : Humanities
Issue
Vol. 36, Issue 2 (28 Feb. 2022), pp.439-468, 30 p.
Publisher
An-Najah National University Deanship of Scientific Research
Publication Date
2022-02-28
Country of Publication
Palestine (West Bank)
No. of Pages
30
Main Subjects
Abstract EN
This study aimed to examine the factors that affect the profitability of insurance companies in Palestine.
Unbalanced panel data was utilized from seven insurance companies operating in Palestine from 2006 to 2018 to estimate a linear model between determinants theoretically expected to affect performance and the profitability of insurance firms.
Findings revealed that size, growth and liquidity significantly positively affect the insurance firm’s profitability while motor claims, on the other hand, have a significant negative effect on the insurance company’s profitability.
Other factors including claims ratio and leverage ratio have no significant effect on profitability of insurance firms.
The main implications of these results are that Palestinian insurance companies should diversify their insurance portfolio away from motor insurance and keep higher liquidity levels to enhance profitability.
Further, some insurance companies are recommended to merge with other companies to increase size and to gain economies of scale.
American Psychological Association (APA)
Abd al-Jawad, Islam& Duwaykat, Layth& Uwaydat, Ghassan. 2022. The determinants of profitability of insurance companies in Palestine. An-Najah University Journal for Research-B : Humanities،Vol. 36, no. 2, pp.439-468.
https://search.emarefa.net/detail/BIM-1406402
Modern Language Association (MLA)
Abd al-Jawad, Islam…[et al.]. The determinants of profitability of insurance companies in Palestine. An-Najah University Journal for Research-B : Humanities Vol. 36, no. 2 (Feb. 2022), pp.439-468.
https://search.emarefa.net/detail/BIM-1406402
American Medical Association (AMA)
Abd al-Jawad, Islam& Duwaykat, Layth& Uwaydat, Ghassan. The determinants of profitability of insurance companies in Palestine. An-Najah University Journal for Research-B : Humanities. 2022. Vol. 36, no. 2, pp.439-468.
https://search.emarefa.net/detail/BIM-1406402
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 463-467
Record ID
BIM-1406402