Written premiums and paid claims and their impact on the financial solvency of Syrian insurance companies during the period /2013-2022/

Authors

  • Haifaa Dalala Tishreen University
  • Shakib Bshmani Tishreen University

Abstract

The current research aims to clarify the role of written premiums and paid claims in determining the level of financial solvency of Syrian insurance companies during the time period 2013/2022.The study was applied to the /13/ public and private insurance companies in the Syrian Arab Republic, by analyzing the data on premiums and insurance claims, and then calculating the solvency of the insurance companies, which reflects the extent of the insurance companies' ability to fulfill their obligations towards policyholders; The methodology based on calculating the financial solvency was adopted by measuring the adequacy of the company's assets against its liabilities.The results showed: that there is a direct correlation between each of the written premiums, the paid claims, and the financial solvency of the insurance companies.In light of the results: the researcher recommends adopting an appropriate marketing policy by adopting a better policy for accepting and selecting low-cost risks, which reflects positively on the volume of insurance premiums and contributes to reducing the volume of paid claims, raising the financial solvency of insurance companies and strengthening their financial positions.

Downloads

Published

2023-09-06

How to Cite

1.
دلالة ه, شكيب بشماني. Written premiums and paid claims and their impact on the financial solvency of Syrian insurance companies during the period /2013-2022/. Tuj-econ [Internet]. 2023Sep.6 [cited 2024Nov.25];45(4):299-313. Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/15827

Issue

Vol. 45 No. 4 (2023): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.