Factors affecting the profitability of reinsurance companies in sub-Saharan Africa: Evidence from dynamic panel analysis

Artikel

This study, which analysed the profitability of 42 reinsurers in Sub-Saharan Africa from 1991 to 2020, revealed that various factors such as gross domestic product, competition (HHI), premium growth, investment performance, underwriting risk, and operational efficiency affect the profitability in these companies. This study is quantitative and dynamic using system-generalised method of moments to analyse the data. The study discovered that reinsurers should broaden their services to remain highly competitive and boost their premium growth such that their profitability is sustained. Also, there should be a separate department of qualified professionals overseeing the adequate management of risk before sealing ceding agreement with insurers.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 9 ; Year: 2022 ; Issue: 1 ; Pages: 1-17

Classification and Topics

• Classification: Management ; Firm Performance: Size, Diversification, and Scope ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill ; Accounting ; Insurance; Insurance Companies; Actuarial Studies
• Subject: firm-specific ; industry level ; macroeconomic ; Reinsurance ; sub-Saharan Africa ; system-generalised method of moments

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Olarewaju, Odunayo Magret ; Msomi, Thabiso Sthembiso
• Event: Veröffentlichung
• (who): Taylor & Francis
• (where): Abingdon
• (when): 2022

Further information

• DOI: doi:10.1080/23311975.2022.2093485
• Last update: 10.03.2025, 11:44 AM CET