Abstract
This study explored the indicators and assessment of the monetary performance of
insurance firms of Pakistan. We used age of the insurance firm, breakup value per
share, cash & bank balances to total assets, claims incurred to net premium, capital
ratio, earning per share, exchange rate, investment to total assets, log of number of
ordinary shares, log of total assets were considered as independent variables,
exchange rate as macroeconomic variables and efficiency as dependent variable. In
efficiency we used pure technical efficiency (PTE), scale efficiency (SE), technical
efficiency (TE) which are computed through data envelopment analysis (DEA). Data
of fifty-one insurance firms comprising of takaful, life insurance, and non-life
insurance firms are selected considering the time of 10 years starting from 2010 to
2019. We evaluated through panel regression, and further, the outcomes indicate
that, to enhance monetary as well as operational presentation of the insurance sector,
extra concentration should be provided to things that could enhance the level of
premium.
Qaisar Maqbool Khan, Dr. Rehana Kouser. (2021) Measurement and Determinants of Financial Performance of Insurance Sector of Pakistan, Orient Research Journal of Social Sciences, Volume-06, Issue-1.
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