A study on the firm-specific variables affecting solvency of the Philippine non-life insurance industry (2006-2011)
Date of Publication
2014
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Commerce Major in Management of Financial Institutions
Subject Categories
Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Thesis Adviser
Ester Guerzon
Defense Panel Member
Milkos Patrick Zalamedae
Mark Marquez
Abstract/Summary
The Philippine non-life Insurance industry is a growing industry which clients and investors can rely on. The study is about solvency which is defined as a firm's ability to meet its financial obligations. Solvency is measured by net premium per capital which is comprised of net premiums written of the company over capital. This is an appropriate solvency ratio according to the International Risk Management Institute. The model is comprised of seven independent variables, namely: firm size, investment performance, liquidity ratio, premium growth, surplus growth, combined ratio, and operating margin.
Chapter 1 contains the background, statement of the problem, objectives, hypothesis and the limitations of the study. Chapter 2 contains all related literature regarding solvency factors of the Philippine non-life Insurance industry the group studied. The literature map and the research gap are also included in this chapter. Chapter 3 included all relevant frameworks supporting the study. The firm-specific variables are explained theoritically in this chapter. Chapter 4 contains the design, methods, models and a-priori expectations of the data. Chapter 5 shows the results of the regression model and lastly, Chapter 6 discusses the conclusion and recommendation of the study.
Abstract Format
html
Language
English
Format
Accession Number
TU21269
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
91, [12] leaves
Keywords
Insurance companies--Philippines; Insurance companies--Philippines--Management; Insurance companies--Investment--Philippines
Recommended Citation
Maducdoc, C. R., Mercado, J. C., Ongsiako, R. S., & Samar, J. G. (2014). A study on the firm-specific variables affecting solvency of the Philippine non-life insurance industry (2006-2011). Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/18312