Antecedents of Profitability of Non-Life Insurance Companies: Nepalese Perspective
DOI:
https://doi.org/10.31357/jbri.v10i1.7552Keywords:
Return on Assets, Firm Size, EPS, PER, Claim PaidAbstract
Current study aims to investigate the determinants that has impacted on non-life insurance companies’ profitability in Nepalese scenario. Four industries were selected as sample purposively. The data from 2011/12 to 2020/21 AD have been incorporated. The study has chosen to use a descriptive and correlational research design. The firm size, price earnings ratio, earnings per share, and claim paid are the predictors and profitability proxied by ROA was the predicted variable. The study found that the most prominent determinants for profitability in non-life insurance companies are EPS and company size. The PE ratio and claims paid have been found as less prioritized factors of the predicted variable.