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

Print

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

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