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

Asian Business Review

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Title A Study on the Performance of Private Non-Life Insurance Companies in Bangladesh
 
Creator Siddiqua, Ayesha; MBA, Department of Finance and Banking, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200, BANGLADESH
Parvin, Shahnaz; Associate Professor, Department of Finance and Banking, Hajee Mohammad Danesh Science and Technology University, Dinajpur-5200, BANGLADESH
 
Subject Insurance industry, non-life insurance, performance, growth, trend line
 
Description 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. 
 
Publisher Asian Business Consortium
 
Contributor
 
Date 2017-07-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journals.abc.us.org/index.php/abr/article/view/1004
10.18034/abr.v7i2.1004
 
Source Asian Business Review; Vol 7, No 2 (2017): 17th Issue; 55-58
2305-8730
2304-2613
 
Language eng
 
Relation http://journals.abc.us.org/index.php/abr/article/view/1004/844
 
Rights Copyright (c) 2018 Ayesha Siddiqua, Shahnaz Parvin
http://creativecommons.org/licenses/by-nc/4.0