Study reveals key factors impacting financial performance of Pakistani life insurance companies.
The study looked at factors affecting the financial performance of life insurance companies in Pakistan. They used data from 2008 to 2017 from 9 companies, both public and private. Factors like liquidity, premium growth, and debt to equity were analyzed. Results showed that factors like liquidity and debt to equity were positively related to financial performance, while tangibility and market share were not. This research can help insurance companies improve their premium collection and market participation, and can also guide investors interested in the life insurance sector.