- Title
- Performance determinants of non-life insurance firms: a systematic review of the literature
- Creator
- Zinyoro, Tafadzwanash
- Creator
- Aziakpono, Meshach J
- Subject
- To be catalogued
- Date Issued
- 2024
- Date
- 2024
- Type
- text
- Type
- article
- Identifier
- http://hdl.handle.net/10962/469919
- Identifier
- vital:77307
- Identifier
- https://doi.org/10.1080/23311975.2024.2345045
- Description
- The performance of non-life insurers is essential to the economy because of their role in mitigating the risks firms and households face. This study provides a comprehensive overview of studies examining factors affecting non-life insurers’ performance. Based on 235 studies published between 1990 and 2021, the review demonstrates that firm-level factors such as size, organisational form, diversification, capital structure, risk, reinsurance, corporate governance, distribution system, and group affiliation, and external factors such as market structure, macroeconomic, financial, and institutional development are the major determinants of non-life insurers’ performance. Although the empirical evidence on the effect of these factors is generally mixed, firm size, capitalisation, risk, macroeconomic conditions, and, to some extent, corporate governance and market structure issues show a clear relationship with insurer performance. One of the implications of this study is that there may be a need for increased solvency surveillance, especially for smaller insurers, which appear to have a higher risk of insolvency than their larger counterparts.
- Format
- 39 pages
- Format
- Language
- English
- Relation
- Cogent Business and Management
- Relation
- Zinyoro, T. and Aziakpono, M.J., 2024. Performance determinants of non-life insurance firms: a systematic review of the literature. Cogent Business and Management, 11(1), p.2345045
- Relation
- Cogent Business and Management volume 11 number 1 1 39 2024 1757-6385
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the Taylor and Francis Online Terms and Conditions Statement (https://www.tandfonline.com/terms-and-conditions)
- Hits: 9
- Visitors: 12
- Downloads: 3
Collections
Aziakpono, Meshach Jesse (Prof)
SDG 08. Decent Work and Economic Growth
RU Department of Economics and Economic History
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Performance determinants of non-life insurance firms a systematic review of the literature (1).pdf | 5 MB | Adobe Acrobat PDF | View Details Download |