CLASSIFICATION OF FINANCIAL PERFORMANCES OF NON-LIFE INSURANCE COMPANIES Cover Image

HAYAT DIŞI SİGORTA ŞİRKETLERİNİN FİNANSAL PERFORMANSLARININ SINIFLANDIRILMASI
CLASSIFICATION OF FINANCIAL PERFORMANCES OF NON-LIFE INSURANCE COMPANIES

Author(s): Nilüfer Dalkiliç, Merve Esra GÜLCEMAL
Subject(s): Business Economy / Management
Published by: Dicle Üniversitesi, Sivil Havacılık Yüksekokulu
Keywords: Financial Performance; Insurance Sector; Non-Life Insurance Companies; Cluster Analysis;

Summary/Abstract: The insurance industry is developing and growing day by day. Competition intensifies among insurance companies operating in the insurance sector. Insurance companies should evaluate their financial performance and improve their financial performance depending on this evaluation in order to stand out from the competition and continue their activities effectively. In the study, the financial performance classification of 38 non-life insurance companies for the period of 2019 was made. The variables in the study are written premiums, net profit and loss for the period, total assets, total equity, and premium production. The most influential variables in the study were determined as period net profit and loss, total equity and premium production variables, respectively. Cluster analyzes were used in the study. As a result of the study, 25 companies in the 4th cluster, which are in the best condition for all variables, were determined.

  • Issue Year: 6/2022
  • Issue No: 11
  • Page Range: 95-106
  • Page Count: 12
  • Language: Turkish