How employment insurance recipients make decision about insolvency?

Predelus, Wilner; Amine, Samir

doi:10.1016/j.rie.2020.10.004

Cited by 3 publications

(1 citation statement)

References 8 publications

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“…Liu, Jiang & Gan, 2022;Li, Tong & Xu, 2022), but these studies had not covered liability insurance measures such as workers' compensation premium and workers compensation claim while most of those studies on financial performance were not focused on insurance companies but on areas such as risk transfer which only reflected employee insurance among its explanatory variables. In addition, most of the studies on liability insurance were not conducted in Nigeria (e.g Ironkwe & Osaat, 2019;Kao, Chen & Krishnamurti, 2020;Predelus & Amine, 2020;Da-Silva, Lucas & Cavalho, 2021;Che, 2021;and Li, Tong & Xu, 2022). Hence, this study seeks to investigate the effect of liability insurance on performance of insurance firms in Nigeria.…”

Section: Introductionmentioning

confidence: 99%

Analyzing the Impact of Liability Insurance on the Financial Performance of Insurance Companies in Nigeria

Isimoya,

Oluwaleye

2024

gijmss

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The insurance sector reforms in Nigeria sought to create a strong, diverse, and trustworthy industry that protects insured premiums, actively contributes to the country's economic progress, and participates in worldwide financial systems. Despite this development, insurance business operations and survival have not been impressive, and performance remains alarmingly poor. Therefore, this study investigates the effect of workers' compensation written premiums and workers' compensation claims paid of the chosen insurance companies' return on assets (ROA) in Nigeria. This study is a longitudinal research design. Secondary data obtained from the financial statement of five selected insurance firms in Nigeria over the year 2013 to 2022 were analysed with correlation analysis and panel regression estimation technique. The result of the study, based on Hausman verification, showed that workers' compensation written premium has a significant positive effect on RoA and that workers' compensation claims paid has a significant negative effect on RoA in Nigeria. Consequently, this investigation established that liability insurance is an important factor that may have been disturbing the performance of insurance firms in Nigeria, and must be treated with utmost care in the process of enhancing performance. Therefore, this study recommended among others that insurance firms need to increase the rate of client application towards workers' compensation insurance to realize increased levels of premium and income for performance-enhancing operations.

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Section: Introductionmentioning

confidence: 99%

Analyzing the Impact of Liability Insurance on the Financial Performance of Insurance Companies in Nigeria

Isimoya,

Oluwaleye

2024

gijmss

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How Canadian seniors make decision about insolvency?

Amine¹,

Predelus²

2023

Heliyon

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The insolvency choice during an economic crisis: the case of Canada

Predelus¹,

Amine

2022

QFE

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<abstract> <p>Total insolvencies filed by Canadian Households reached a record number in 2009 when close to 152,000 individuals sought the protection of the Bankruptcy and Insolvency Act. This paper aims to investigate the factors that dictate the choice of insolvent debtors during an economic crisis, by comparing their choice before, during and after the crisis. Using data provided by the Office of the Superintendent of Bankruptcy, and in addition to explain insolvency choice by the debtor's wealth, income and level of debt, the results show that insolvent debtors are more likely to file for bankruptcy during an economic crisis than before and after. This is in fact, a significant contribution to the literature, for never before had debtors' insolvency choice been looked at in light of the effects of an economic crisis.</p> </abstract>

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How employment insurance recipients make decision about insolvency?

Cited by 3 publications

References 8 publications

Analyzing the Impact of Liability Insurance on the Financial Performance of Insurance Companies in Nigeria

Analyzing the Impact of Liability Insurance on the Financial Performance of Insurance Companies in Nigeria

How Canadian seniors make decision about insolvency?

The insolvency choice during an economic crisis: the case of Canada

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