Determinants Of Profitability Of Insurance Companies In Kenya

Abstract

Profitability is the most crucial consideration that a business make. It is the purpose of this study to identify the factors that determine and influence this vital element in the insurance industry in Kenya. The core question that the study seek to investigate is why some insurance companies register high profitability than others. the study therefore explores various factors that acts as modifiers of profitability in the companies by evaluating their financial performance consequently, the researcher delves into the financial performance of various classes of insurance business by analyzing their financial contributions a whole to their companies. The study focuses a span of ten year(from 1993 to 2002) taking the companies that transacted business consistently within that period.....