How Productive Are Life Insurance Institutions in Malaysia? A Malmquist Approach

Masud, Muhammad Mehedi; Rana, Sohel; Mia, Aslam; Saifullah, Khaled

doi:10.13106/jafeb.2019.vol6.no1.241

Cited by 6 publications

(3 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…"Insurance firms make profits based on the theory of risk spread and the definition of individual risks" (Levine & Carson, 2012). According to Masud et al (2019) the scale of the insurance industry in certain developing countries is limited and unpopular. As a consequence of such situations, the probability of vulnerability remains high.…”

mentioning

confidence: 99%

Micro- and Macro-Level Factors Determining Financial Performance of UAE Insurance Companies

Sasidharan¹,

Ranjith²,

Prabhuram³

2020

JAFEB

View full text Add to dashboard Cite

The research aims to analyze the firm-specific and macroeconomic factors that affect insurance company's financial performance. The research explores the variables that influence the financial performance of the United Arab Emirates (UAE)' insurance companies. The analysis for determining financial performance considers the following variables: the firm's age, retention ratio, capital adequacy, underwriting risk/loss ratio, financial-leverage, reinsurance dependency, and macroeconomic factors such as GDP per capita, inflation rate considered as independent factors. The return-on-asset (ROA) is the key measuring indicator; it is regarded as the dependent variable for financial performance measures. The research focuses on secondary information obtained from insurance companies' financial statements. The researcher targeted 18 insurance companies listed on the UAE stock exchanges for study purposes. The research examines the overall factors that influence the financial performance of an insurance company. For analysis of data, software package of social sciences (SPSS version 20) is used. The studies used correlation and multiple linear regression analysis to determine financial performance and their effects. The analysis suggests that there are important and constructive relationships between the size, capital adequacy, and reinsurance dependency, while loss ratio, retention ratio, and financial leverage indicate a major negative relationship. And there's no link between GDP per capita and inflation.

show abstract

mentioning

confidence: 99%

Micro- and Macro-Level Factors Determining Financial Performance of UAE Insurance Companies

Sasidharan¹,

Ranjith²,

Prabhuram³

2020

JAFEB

View full text Add to dashboard Cite

show abstract

“…One of the most significant development drivers in Malaysia's overall financial services sector is the insurance industry (Masud et al, 2019). A concept in finance called insurance aims to provide security for economic growth or to act as protection against unforeseen loss (Kaffash et al, 2020).…”

Section: Literature Review Insurance Industry and Life Insurancementioning

confidence: 99%

Lifeguarding the Future: Unveiling the Key Influences on Life Insurance Intent in Johor

Md Sahabi,

Che Hashim,

Yaacob

et al. 2023

IJARBSS

View full text Add to dashboard Cite

This study intends to examine the factor that affects customer intention to purchase life insurance in Johor. Insurance price, the demographic of customers, company reputation, and social influence were used as independent variables to examine the impact on the customer intention to purchase life insurance in Johor, dependent variable. The need for life insurance is growing as a result of the rising death rate and life-threatening illnesses in Malaysia. A financial instrument known as life insurance protects the beneficiaries of the insured financially in the case of the insured's death. Although the product is popular, a variety of circumstances may have an impact on a customer's decision to purchase it. This research was conducted using an online questionnaire distributed to a diverse group of respondents regardless of age, gender, race, or ethnicity, who either does not yet have insurance coverage or who does have insurance coverage. A total of 110 respondents answered this survey. SPPS version 29 was used to transform the data from the survey. The research's findings were analyzed using multiple regression analysis. The findings demonstrated that there is a significant influence of insurance price and social influence on the customer's intention to purchase life insurance in Johor.

show abstract

“…Over the years, the life insurance sector has become an essential component of the financial sector. In Malaysia, the insurance industry has witnessed rapid development every year where the insurance sector has emerged as an important factor in contributing to the economic development of the country (Masud et al, 2019). The Life Insurance Association of Malaysia (LIAM) stated that the coverage of life insurance had increased by 9.6% with a total hit of RM1.51 trillion in comparison to the RM 1.38 trillion in 2017 (Life Insurance Association of Malaysia, 2019).…”

Section: Introductionmentioning

confidence: 99%

Incorporating Expert Judgement into Life Insurance and Life Takaful Companies’ Efficiency Measurement Through DEA-AR/FAHP Approach

Aziz¹,

Mahad²,

Mahyideen³

et al. 2021

IJARBSS

View full text Add to dashboard Cite

How Productive Are Life Insurance Institutions in Malaysia? A Malmquist Approach

Cited by 6 publications

References 20 publications

Micro- and Macro-Level Factors Determining Financial Performance of UAE Insurance Companies

Micro- and Macro-Level Factors Determining Financial Performance of UAE Insurance Companies

Lifeguarding the Future: Unveiling the Key Influences on Life Insurance Intent in Johor

Incorporating Expert Judgement into Life Insurance and Life Takaful Companies’ Efficiency Measurement Through DEA-AR/FAHP Approach

Contact Info

Product

Resources

About