Determinants of financial performance of takaful and insurance companies

dc.contributor.authorTanveer, Zoya
dc.date.accessioned2018-03-13T11:45:49Z
dc.date.available2018-03-13T11:45:49Z
dc.date.issued2017
dc.descriptionSupervised by:Dr. Talat Hussainen_US
dc.description.abstractResearch Purpose: The main aim of this research study is to determine the financial fundamental ratios that may influence on the financial performance of the KSE - 100 index listed insurance and takaful companies. The research study determines the important selected financial variables that an investor / decision makers considers to be impact significantly on the insurer’s financial performance. Methodology / Design / Approach: The research study constitutes secondary data of 22 insurance and 5 takaful listed companies to examine the impact of retention ratio, loss ratio, liquidity ratio, efficiency ratio, capital adequacy and current ratio on the financial performance (ROA and ROE) during the period 2010 to 2016. The data is collected from the annual financial statements of selected companies. Research Findings: The finding of the study concludes that insurance company’s decision makers should consider retention ratio, loss ratio and efficiency ratio as an important financial fundamental factor that impact the performance (ROA) in conventional insurance scenario. Further, study contributed that retention ratio, loss ratio, efficiency ratio, capital adequacy and liquidity ratio have statistically significant relationship to the ROA, while retention ratio, loss ratio and liquidity ratio have significant association to the ROE in the context of Islamic insurance companies. However, the research study found insignificant relationship between current ratio and financial performance for all models. Managerial Implications / Originality: The study assist investor’s and decision making authorities of domestic and international companies to have a better look of considering financial fundamental factors, thus predict the company’s performance. First comprehensive study has been conducted on financial factors determines the stock price of KSE - 100 listed insurance and takaful companies within the Pakistanen_US
dc.identifier.urihttps://escholar.umt.edu.pk/handle/123456789/2876
dc.language.isoenen_US
dc.publisherUniversity of Management and Technologen_US
dc.subjectFinancial Performance, Insuranceen_US
dc.subjectIslamic Insurance, Takaful, Pakistanen_US
dc.subjectMS thesisen_US
dc.titleDeterminants of financial performance of takaful and insurance companiesen_US
dc.title.alternativeEvidence from Pakistanen_US
dc.typeThesisen_US
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