Matches in SemOpenAlex for { <https://semopenalex.org/work/W3198006073> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W3198006073 endingPage "97" @default.
- W3198006073 startingPage "81" @default.
- W3198006073 abstract "This paper’s main goal was to establish the joint effect of risk based capital, asset allocation and firm size on investment returns of insurance companies in Kenya. The population of the study comprised of 63 insurance companies licensed in Kenya that transact both life and general insurance. Secondary data was collected from the insurance companies’ annual returns submitted to the regulator for a five-year period (2014-2018). Risk-based capital was computed using the standard formulae as per the risk-based supervision model. Asset allocation was computed from investment vehicle and time horizon, firm size was measured using gross written premiums and total assets; and investment returns was calculated using the investment income ratio. Tests to ensure suitability for linear regression were undertaken. Linear regression was used to evaluate the relationship between the variables based on the hypothesis in the study and at a significance level of 5%. The study findings revealed that there is a positive significant relationship on the joint effect of risk based capital, asset allocation and firm size (total assets) on the investment returns of insurance companies in Kenya. It implies that all variables should be considered when looking at the risk based capital and investment returns of insurance companies. It has further revealed that the applicability of extreme value theory is not fully reliant on data obtained from extreme events, but rather insurance companies can use available data on capitalization and investments and still apply the concept to determine their survival in adverse operating environment or scenarios. The study also supports Markowitz portfolio selection theory in the sense that a Company is expected to allocate its assets in a manner that it receives maximum returns from the investment, but at the same time be cautious on the investment vehicles, since the capital charges imposed are pegged on how risky an investment vehicle is deemed. This will eventually influence the amount of risk based capital an insurer is expected to hold and determine its investment returns. It has further revealed that the association amongst risk based capital and investment returns is not purely direct, but it’s intervened by asset allocation" @default.
- W3198006073 created "2021-09-13" @default.
- W3198006073 creator A5013647728 @default.
- W3198006073 creator A5076783109 @default.
- W3198006073 creator A5079725743 @default.
- W3198006073 creator A5087778213 @default.
- W3198006073 date "2021-08-19" @default.
- W3198006073 modified "2023-09-26" @default.
- W3198006073 title "Risk-Based Capital, Asset Allocation, Firm Size and Investment Returns of Insurance Companies in Kenya" @default.
- W3198006073 hasPublicationYear "2021" @default.
- W3198006073 type Work @default.
- W3198006073 sameAs 3198006073 @default.
- W3198006073 citedByCount "0" @default.
- W3198006073 crossrefType "journal-article" @default.
- W3198006073 hasAuthorship W3198006073A5013647728 @default.
- W3198006073 hasAuthorship W3198006073A5076783109 @default.
- W3198006073 hasAuthorship W3198006073A5079725743 @default.
- W3198006073 hasAuthorship W3198006073A5087778213 @default.
- W3198006073 hasConcept C10138342 @default.
- W3198006073 hasConcept C138142054 @default.
- W3198006073 hasConcept C139819358 @default.
- W3198006073 hasConcept C144024400 @default.
- W3198006073 hasConcept C144133560 @default.
- W3198006073 hasConcept C149782125 @default.
- W3198006073 hasConcept C149923435 @default.
- W3198006073 hasConcept C162118730 @default.
- W3198006073 hasConcept C162324750 @default.
- W3198006073 hasConcept C175444787 @default.
- W3198006073 hasConcept C17744445 @default.
- W3198006073 hasConcept C181622380 @default.
- W3198006073 hasConcept C199539241 @default.
- W3198006073 hasConcept C27548731 @default.
- W3198006073 hasConcept C2780821815 @default.
- W3198006073 hasConcept C2908647359 @default.
- W3198006073 hasConcept C38652104 @default.
- W3198006073 hasConcept C41008148 @default.
- W3198006073 hasConcept C76178495 @default.
- W3198006073 hasConcept C94625758 @default.
- W3198006073 hasConceptScore W3198006073C10138342 @default.
- W3198006073 hasConceptScore W3198006073C138142054 @default.
- W3198006073 hasConceptScore W3198006073C139819358 @default.
- W3198006073 hasConceptScore W3198006073C144024400 @default.
- W3198006073 hasConceptScore W3198006073C144133560 @default.
- W3198006073 hasConceptScore W3198006073C149782125 @default.
- W3198006073 hasConceptScore W3198006073C149923435 @default.
- W3198006073 hasConceptScore W3198006073C162118730 @default.
- W3198006073 hasConceptScore W3198006073C162324750 @default.
- W3198006073 hasConceptScore W3198006073C175444787 @default.
- W3198006073 hasConceptScore W3198006073C17744445 @default.
- W3198006073 hasConceptScore W3198006073C181622380 @default.
- W3198006073 hasConceptScore W3198006073C199539241 @default.
- W3198006073 hasConceptScore W3198006073C27548731 @default.
- W3198006073 hasConceptScore W3198006073C2780821815 @default.
- W3198006073 hasConceptScore W3198006073C2908647359 @default.
- W3198006073 hasConceptScore W3198006073C38652104 @default.
- W3198006073 hasConceptScore W3198006073C41008148 @default.
- W3198006073 hasConceptScore W3198006073C76178495 @default.
- W3198006073 hasConceptScore W3198006073C94625758 @default.
- W3198006073 hasIssue "2" @default.
- W3198006073 hasLocation W31980060731 @default.
- W3198006073 hasOpenAccess W3198006073 @default.
- W3198006073 hasPrimaryLocation W31980060731 @default.
- W3198006073 hasRelatedWork W1513078330 @default.
- W3198006073 hasRelatedWork W1522153764 @default.
- W3198006073 hasRelatedWork W1588777143 @default.
- W3198006073 hasRelatedWork W2019613269 @default.
- W3198006073 hasRelatedWork W2036657079 @default.
- W3198006073 hasRelatedWork W2076057094 @default.
- W3198006073 hasRelatedWork W2093055834 @default.
- W3198006073 hasRelatedWork W2098092104 @default.
- W3198006073 hasRelatedWork W2181942610 @default.
- W3198006073 hasRelatedWork W2189375944 @default.
- W3198006073 hasRelatedWork W2383677351 @default.
- W3198006073 hasRelatedWork W2795693642 @default.
- W3198006073 hasRelatedWork W2884304684 @default.
- W3198006073 hasRelatedWork W2943060675 @default.
- W3198006073 hasRelatedWork W2979705555 @default.
- W3198006073 hasRelatedWork W3096933786 @default.
- W3198006073 hasRelatedWork W3121437483 @default.
- W3198006073 hasRelatedWork W3124626047 @default.
- W3198006073 hasRelatedWork W3194576858 @default.
- W3198006073 hasRelatedWork W3206341963 @default.
- W3198006073 hasVolume "5" @default.
- W3198006073 isParatext "false" @default.
- W3198006073 isRetracted "false" @default.
- W3198006073 magId "3198006073" @default.
- W3198006073 workType "article" @default.