Revue des sciences commerciales et de gestion
Volume 16, Numéro 1, Pages 60-77
2020-12-31

The Determinants Of Financial Performance Of Non-life Insurance Companies In Algeria

Authors : Yahiaoui Salaheddine . Mahdi Oussama .

Abstract

Business performance has attracted researchers' attention in the literature of corporate finance over the past decades. However, in the context of insurance, it has been given very little attention. In this study, we tried to examine the impact of some internal and external variables on the financial performance of non-life insurance companies in Algeria during the span of nine years (2010-2018). The analysis of the results is based on a multiple regression model. The findings of this study indicates that the variables: Company size, liquidity ratio and Solvency Ratio has a statistically significant impact on financial performance of non-life insurance companies measured by Return on Assets (ROA). In which Company size and liquidity ratio showed a positive impact. While, solvency Ratio indicated a negative impact.

Keywords

Non-life Insurance companies, Financial Performance, internal and external determinants, Return on Assets.