• A Study on the Performance of Private Non-Life Insurance Companies in Bangladesh

    Author(s):
    Shahnaz Parvin, Ayesha Siddiqua
    Editor(s):
    Alim Al Ayub Ahmed (see profile)
    Date:
    2018
    Group(s):
    Asian Business Review
    Item Type:
    Article
    Permanent URL:
    http://dx.doi.org/10.17613/j395-fk77
    Abstract:
    Insurance becomes an essential part of every economic system. In Bangladesh, insurance industry plays an important role in economic progress. This study aims at determining the performance of private non-life insurance industry in Bangladesh. For the analysis, researchers selected five private non-life insurance companies and used the financial statements of the companies for the year 2012-2014 as a secondary source of data. Seven variables were selected to analyze the performances which were total asset, investment, net premium, profit after tax, total insurance policy, earnings per share (EPS) and return on asset (ROA). Growth rate, trend equations and square of correlation coefficient (r2) were tested in respect of these variables. All the companies had a positive trend equations and the r2 of the variables were above 0.50. The result indicates that the non-life insurance industry has a great prospect in Bangladesh.
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    Published as:
    Journal article     Show details
    Pub. DOI:
    https://doi.org/10.18034/abr.v7i2.11
    Publisher:
    ABC Journals
    Pub. Date:
    2018-7-25
    Journal:
    Asian Business Review
    Volume:
    7
    Issue:
    2
    Page Range:
    55 - 58
    ISSN:
    2304-2613,2305-8730
    Status:
    Published
    Last Updated:
    4 years ago
    License:
    Attribution-NonCommercial
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