Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia
An important element in the financial services sector such as takaful and insurance industry is performance. It is important indicator to evaluate the effectiveness of the industry, how does the industry counter to the challenges and which companies are going to survive their businesses. The purpose...
Saved in:
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | eng eng eng |
| Published: |
2019
|
| Subjects: | |
| Online Access: | https://etd.uum.edu.my/9905/1/s824226_01.pdf https://etd.uum.edu.my/9905/2/s824226_02.pdf https://etd.uum.edu.my/9905/3/s824226_references.docx |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my-uum-etd.9905 |
|---|---|
| record_format |
uketd_dc |
| spelling |
my-uum-etd.99052023-03-15T02:02:40Z Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia 2019 Zainordin, Zinon Abidin Che Arshad, Noraziah Islamic Business School Islamic Business School HG Finance An important element in the financial services sector such as takaful and insurance industry is performance. It is important indicator to evaluate the effectiveness of the industry, how does the industry counter to the challenges and which companies are going to survive their businesses. The purpose of this study is to analyse the performance of 11 family takaful operators and 13 life insurance companies in Malaysia from 2013 to 2018. There are five operational specific factors (OSF) tested in this study which are size, capital, premium growth, underwriting risk and expense ratio. This study use panel data analysis to analyze the data obtained from family takaful and insurance companies’ financial statements. The findings show the performance of insurance companies is better than family takaful in generating profitability (ROA).The findings also concluded that the profitability was affected by four OSFs which are size, capital, underwriting risk and expense ratio while premium growth was found have no impact to the profitability for both takaful operators and insurance companies. From these results, it is recommended that the both takaful operators and insurance companies should control and manage properly their OSFs in order to increase companies’ profitability and stabilize their financial system. 2019 Thesis https://etd.uum.edu.my/9905/ https://etd.uum.edu.my/9905/1/s824226_01.pdf text eng public https://etd.uum.edu.my/9905/2/s824226_02.pdf text eng public https://etd.uum.edu.my/9905/3/s824226_references.docx text eng public other masters Universiti Utara Malaysia |
| institution |
Universiti Utara Malaysia |
| collection |
UUM ETD |
| language |
eng eng eng |
| advisor |
Che Arshad, Noraziah |
| topic |
HG Finance |
| spellingShingle |
HG Finance Zainordin, Zinon Abidin Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| description |
An important element in the financial services sector such as takaful and insurance industry is performance. It is important indicator to evaluate the effectiveness of the industry, how does the industry counter to the challenges and which companies are going to survive their businesses. The purpose of this study is to analyse the performance of 11 family takaful operators and 13 life insurance companies in Malaysia from 2013 to 2018. There are five operational specific factors (OSF) tested in this study which are size, capital, premium growth, underwriting risk and expense ratio. This study use panel data analysis to analyze the data obtained from family takaful and insurance companies’ financial statements. The findings show the performance of insurance companies is better than family takaful in generating profitability (ROA).The findings also concluded that the profitability was affected by four OSFs which are size, capital, underwriting risk and expense ratio while premium growth was found have no impact to the profitability for both takaful operators and insurance companies. From these results, it is recommended that the both takaful operators and insurance companies should control and manage properly their OSFs in order to increase companies’ profitability and stabilize their financial system. |
| format |
Thesis |
| qualification_name |
other |
| qualification_level |
Master's degree |
| author |
Zainordin, Zinon Abidin |
| author_facet |
Zainordin, Zinon Abidin |
| author_sort |
Zainordin, Zinon Abidin |
| title |
Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| title_short |
Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| title_full |
Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| title_fullStr |
Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| title_full_unstemmed |
Performance of family takaful operators and life Insurance companies: A comparative analysis in Malaysia |
| title_sort |
performance of family takaful operators and life insurance companies: a comparative analysis in malaysia |
| granting_institution |
Universiti Utara Malaysia |
| granting_department |
Islamic Business School |
| publishDate |
2019 |
| url |
https://etd.uum.edu.my/9905/1/s824226_01.pdf https://etd.uum.edu.my/9905/2/s824226_02.pdf https://etd.uum.edu.my/9905/3/s824226_references.docx |
| _version_ |
1776103736108646400 |