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258068

Measuring the Technical and Financial Performance for Misr Insurance Company after Merge

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Last updated: 04 Jan 2025

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Abstract

This study aims to assess the technical and financial performance of Misr Insurance Company after the merger of its property and casualty portfolio with both Al Sharq Insurance Company and the National Insurance Company as well as the inclusion of the reinsurance portfolio of the Egypt reinsurance Company. The Corporates P&C portfolios were merged on July 1, 2010, with their book values on June 30, 2007 to comply with the provisions of Law No. 118 of 2008, which required the separation of life and property insurance activities in Independent legal entities. The researcher set the time period from 2011 to 2020 to study and measure the technical and financial performance of Misr Insurance Company using data published in the annual book issued by the Financial regulatory Authority using factor analysis, multivariate analysis of variance, and multiple regression analysis analyse and measure the impact of different financial indicators representing the performance of company's insurance activity, volume of the business and its capital as independent variables on the rate of return on the company's assets as a dependent variable. The results showed that the merger of the portfolios of public business companies since 2010 has had a positive impact on the company's performance to increase the size of the company's assets and investments and the level of profitability and increase the capital base.

DOI

10.21608/cfdj.2023.258068

Keywords

Misr Insurance Company, Measuring, Financial and Technical Performance, Property Insurance Portfolio and Financial Ratios Liabilities, Return on Assets

Authors

First Name

Mohamed

Last Name

Moaait

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Volume

4

Article Issue

1

Related Issue

36526

Issue Date

2023-01-01

Receive Date

2022-05-06

Publish Date

2023-01-01

Page Start

789

Page End

823

Print ISSN

2682-3403

Online ISSN

2682-4531

Link

https://cfdj.journals.ekb.eg/article_258068.html

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https://cfdj.journals.ekb.eg/service?article_code=258068

Order

26

Type

المقالة الأصلية

Type Code

1,242

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والتجارية

Publication Link

https://cfdj.journals.ekb.eg/

MainTitle

Measuring the Technical and Financial Performance for Misr Insurance Company after Merge

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Article

Created At

22 Jan 2023