Market dominance linked to financial success for life insurance companies.
The article explores how the market structure affects the financial performance of life insurance companies. By analyzing various factors and using econometric methods, the researchers found that the share of the market, measured by gross written premium, significantly influences the financial efficiency of these companies. The study suggests that a higher market share leads to better financial performance, as indicated by Return On Equity (ROE). This research provides valuable insights for life insurance companies to improve their financial effectiveness.