The effects of internal factors on the profitability of non-life insurance companies in the Philippines
Date of Publication
2017
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
Edralin C. Lim
Defense Panel Chair
Marycris Albao
Defense Panel Member
Nino Datu
Abstract/Summary
This study investigates the relationship between firm specific factors and profitability of non life insurance companies in the Philippines from 2006-2015. The top 15 non-life insurance companies, based on premiums earned, were assessed using panel regression-- fied effects model, random effects model, and ordinary least squares. Multicollinearity and correlation tests were applied to the variables. Profitability is measured by 2 variables: return on assets and operating ratio. The results exemplify that age, financial leverage and firm size are significant to ROA. On the other hand, input cost, reinsurance, and underwriting risk have a significant relationship with OR. These findings indicate the effects of internal factors to the profitability of a non-life insurance firm in the Philippines. These findings are beneficial and should be of interest to future researchers, investors in the insurance companies, current and potential customers of non-life insurance firms, top management, and the Insurance Commission.
Abstract Format
html
Language
English
Format
Accession Number
TU21847
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
96, [4] leaves
Keywords
Insurance companies--Philippines
Recommended Citation
Banaag, M. R., Manzano, H. E., Monfort, M. V., & Ram, M. C. (2017). The effects of internal factors on the profitability of non-life insurance companies in the Philippines. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/18439