|
|||||||||||||||
|
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
||||||||||||||
Issue: May 2024
Volume 9 | Issue 5
Review Result and Publication of Paper within : 2-3 days
Click Here For more DetailsFor Authors
Forms / Download
Published Issue Details
Editorial Board
Other IMP Links
Facts & Figure
Impact Factor : 8.76
Issue per Year : 12
Volume Published : 9
Issue Published : 96
Article Submitted :
Article Published :
Total Authors :
Total Reviewer :
Total Countries :
Indexing Partner
Join RMS/Earn 300
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
|
Published Paper Details
|
|
| Paper Title: | Claim Costs and Financial Performance of Insurance Companies Listed at Nairobi Securities Exchange, Kenya. |
| Authors Name: | Allan Okwenda Asola , Dr. Simeyo Otieno , Prof.Maria Onyango |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_194215
|
| Published Paper Id: | IJNRD2305340 |
| Published In: | Volume 8 Issue 5, May-2023 |
| DOI: | |
| Abstract: | Financial performance (Profitability) determines an insurance company’s ability to make claims payments as at the due dates. The purpose of this study was to examine the relationship between claims cost and financial performance in the insurance firms listed at Nairobi Securities Exchange. A panel data linear regression model was used to estimate the relationship between claims cost and profitability. Secondary data were generated from the financial statements of six insurance firms listed at Nairobi Securities Exchange over a period of 10-years (2009-2018). Using descriptive statistics and simple regression techniques, the data was analyzed with aid of statistical software known as Stata Version 15. The result reveals that RoE of the claims cost has a mean value of 0.1145 and a mean value RoA of 0. 0614.The minimum and maximum values of RoE range from -1.2709 to 0.4445. The minimum and maximum values of RoA range from -0.3492 to 0.7855. The standard deviation for claim costs was 0.21995 of RoE which indicates that the claim costs of the firms deviated from the mean up to11.45%. The standard deviation for claim costs was 0.5441 of RoA which indicates that the claim costs of the firms deviated from the mean up to 6.145%. It further reveals that there is a statistically significant negative influence on both RoA and RoE. The study recommends that Kenyan insurance firms must effectively manage their claims processes so as to reduce the amount of claims for every earned premium. |
| Keywords: | Insurance, claim costs, financial performance, Policyholder, Premium |
| Cite Article: | "Claim Costs and Financial Performance of Insurance Companies Listed at Nairobi Securities Exchange, Kenya.", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 5, page no.d285-d297, May-2023, Available :http://www.ijnrd.org/papers/IJNRD2305340.pdf |
| Downloads: | 000118751 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
| Publication Details: |
Published Paper ID:IJNRD2305340 Registration ID: 194215 Published In: Volume 8 Issue 5, May-2023 DOI (Digital Object Identifier): Page No: d285-d297 Country: Siaya, Keny, kenya Research Area: Commerce Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2305340 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2305340 |
| Share Article: |
|
|
Click Here to Download This Article |
|
| Article Preview | |
|
|
|
Major Indexing from www.ijnrd.org
| Semantic Scholar | Microsaoft Academic | ORCID | Zenodo |
| Google Scholar | ResearcherID Thomson Reuters | Mendeley : reference manager | Academia.edu |
| arXiv.org : cornell university library | Research Gate | CiteSeerX | PUBLON |
| DRJI | SSRN | Scribd | DocStoc |
ISSN Details
 |
 |
|
ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016
DOI (A digital object identifier)
Conference
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Important Details
Social Media
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Join RMS/Earn 300
| Copyright © 2024 - All Rights Reserved - IJNRD |
Facebook Twitter Instagram LinkedIn