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Determinants of performance of Tunisia insurance companies: Case of life insurance

Author

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  • Abdelkader Derbali

    (Institut Supérieur de Gestion Sousse - Institut Supérieur de Gestion Sousse, Université de Sousse)

  • Lamia Jamel

    (Université de Sousse)

Abstract

Business performance has attracted researchers' attention in the previous literature of corporate finance. However, in the framework of the life insurance sector, they have given a number of attentions. In our paper, we investigate empirically the effect of firm-specific characteristics (size, leverage, tangibility, risk, growth, liquidity and age) on the profitability of eight Tunisian insurance companies during the period of study from 2005 to 2015. The empirical results show that the variables size, age and growth are the most important determinants of the performance of Tunisian insurance companies as measured by Return on Asset ratio. Then, leverage, tangibility, liquidity and risk don't affect the performance of Tunisian insurance companies.

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  • Abdelkader Derbali & Lamia Jamel, 2014. "Determinants of performance of Tunisia insurance companies: Case of life insurance," Post-Print hal-01695997, HAL.
    • Handle: RePEc:hal:journl:hal-01695997
    Note: View the original document on HAL open archive server: https://hal.science/hal-01695997
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    2. Kalyani Mulchandani & CS Manish Sitlani & Ketan Mulchandani, 2016. "The determinants of financial performance in life insurance sector in India," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 6(10), pages 261-269, October.
    3. Hany A. Saleh & Abdelkader Derbali, 2020. "The Importance of Internal and External Factors in Defining the Profitability of UK Insurance Companies," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(4), pages 25-39.
    4. Richard Yeaw Chong Seow, 2023. "Entrepreneurship Success: A Case Study of Eric Chua’s “TASK†Innovation in Training," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(7), pages 582-593, July.
    5. Jordan KJOSEVSKI & Mihail PETKOVSKI & Kiril SIMEONOVSKI, 2022. "The Effects of Individual and Economic Risks and Stress Testing of Non-Life Sector Profitability: The Case of the NorthMacedonian Insurance Sector," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 125-144, April.
    6. Kamanda Morara & Athenia Bongani Sibindi, 2021. "Determinants of Financial Performance of Insurance Companies: Empirical Evidence Using Kenyan Data," JRFM, MDPI, vol. 14(12), pages 1-13, November.
    7. Nazish Ishtiaq & Danish Ahmed Siddiqui, 2019. "Factors Affecting Financial Performance of Life Insurance Sector in Pakistan," International Journal of Social and Administrative Sciences, Asian Economic and Social Society, vol. 4(2), pages 178-199, June.
    8. Soumya Sasidharan & V. K. Ranjith & Sunitha Prabhuram, 2023. "Determinants of Factors Affecting the Financial Performance of Indian General Insurance Firm: Panel Data Evidence," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 17(2), June.
    9. Muhammad Aleem Arshad & Muhammad Haneef Akhtar & Muhammad Ramzan Sheikh & Wajeeha Sheereen, 2023. "Determinants of Investment Yield of Insurance Firms in Pakistan," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 9(2), pages 214-286.
    10. Rania Al Omari & Rami S. Alkhawaldeh & Jamil J. Jaber, 2023. "Artificial Neural Network for Classifying Financial Performance in Jordanian Insurance Sector," Economies, MDPI, vol. 11(4), pages 1-16, March.

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