ISSN: 2222-6990
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The study aimed to analyze the factors influencing the Profitability of Jordanian Insurance Coppanies for the period (2008-2022), To test the hypotheses of the study by testing multiple linear regre ssion using spss programe , the study concluded the results: there is no effect of Claims and premiums on the profitability of insurance companies in Jordan. This is due, according to the researcher’s interpretation, to the lack of proportionality between the size of premiums and Claims with the profitability of insurance companies:Therefore, the study recommends reconsidering the pricing of insurance services, especially compulsory vehicle insurance,andthe low return on investment in insurance companies in Jordan, which is one of the important reasons for the low volume of investment in insurance companies . Therefore, the study recommends the central bank to give attention to assessing the performance of Insurance companies and the Central Bank issued a decision to raise the amount of capital for insurance companies. Therefore, the study concluded the necessity of following up on the Central Bank’s decision and establishing a fund related to compensation in the event of bankruptcy of insurance companies, similar to the Deposit Insurance Corporation, the challenges for insurance companies in the Kingdom of Saudi Arabia are that they are still in the early stages of providing their insurance services in a completely electronic manner to their customer . The study recommended that insurance companies in the Kingdom should strive towards Improving its electronic services and the quality of electronic services, it is affect customer satisfaction and maintaining the market share of those companies
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(Al-abedallat & Rumman, 2024)
Al-abedallat, A. Z., & Rumman, N. M. A. (2024). Factors Affecting Profitability of Insurance Companies Evidence from Jordan, Kingdom of Saudia Arabia(KSA). International Journal of Academic Research in Business and Social Sciences, 14(5), 823–836.
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