Analysis of Annual Total Revenues of the Iraqi National Insurance Company
Among the most significant non-banking financial institutions, insurance businesses must endeavor to sustain their insurance activities by generating a variety of revenues that allow them to operate their company actively and continually. This is necessary to secure their development and reliabilit...
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| Format: | Article |
| Language: | English |
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middle technical university
2024-03-01
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| Series: | Journal of Techniques |
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| Online Access: | https://journal.mtu.edu.iq/index.php/MTU/article/view/2178 |
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| author | Ghadhanfer A. Hussein Ameen Al Htibat |
| author_facet | Ghadhanfer A. Hussein Ameen Al Htibat |
| author_sort | Ghadhanfer A. Hussein |
| collection | DOAJ |
| description |
Among the most significant non-banking financial institutions, insurance businesses must endeavor to sustain their insurance activities by generating a variety of revenues that allow them to operate their company actively and continually. This is necessary to secure their development and reliability. The current study intends to analyse the annual total data of different types revenues of Iraqi National Insurance company besides investigating the elements that influence the insurance income during 2010–2015. This study advances knowledge about the insurance sector, offers insights for academics, investors, and regulators, and has practical consequences for the operating plans of the Iraqi National Insurance Company. It supports the objectives of enhancing financial performance, controlling risks, and developing a competitive and long-lasting insurance market. The current study attempts to validate hypotheses indicating that rising insurance premium costs, growing insurance operations, greater investment in activities, and higher-valued additional revenues all contribute to the National Insurance Company's overall revenue growth. The most notable finding of this research is that insurance premiums collected by the insurance company are the most significant factor in the level of revenues during the study period. The Iraqi National Insurance Company is advised to diversify its revenue streams in order to achieve high rates of return and enhance its capacity to grow.
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| format | Article |
| id | doaj-art-a6b97bfeed37459b9bde09afc1696758 |
| institution | Kabale University |
| issn | 1818-653X 2708-8383 |
| language | English |
| publishDate | 2024-03-01 |
| publisher | middle technical university |
| record_format | Article |
| series | Journal of Techniques |
| spelling | doaj-art-a6b97bfeed37459b9bde09afc16967582025-01-19T10:58:57Zengmiddle technical universityJournal of Techniques1818-653X2708-83832024-03-01Analysis of Annual Total Revenues of the Iraqi National Insurance Company Ghadhanfer A. Hussein0Ameen Al Htibat1Technical Institute / Baquba, Middle Technical University, Baghdad, IraqMarketing department, Faculty of Business, Amman Arab University, Amman, Jordan Among the most significant non-banking financial institutions, insurance businesses must endeavor to sustain their insurance activities by generating a variety of revenues that allow them to operate their company actively and continually. This is necessary to secure their development and reliability. The current study intends to analyse the annual total data of different types revenues of Iraqi National Insurance company besides investigating the elements that influence the insurance income during 2010–2015. This study advances knowledge about the insurance sector, offers insights for academics, investors, and regulators, and has practical consequences for the operating plans of the Iraqi National Insurance Company. It supports the objectives of enhancing financial performance, controlling risks, and developing a competitive and long-lasting insurance market. The current study attempts to validate hypotheses indicating that rising insurance premium costs, growing insurance operations, greater investment in activities, and higher-valued additional revenues all contribute to the National Insurance Company's overall revenue growth. The most notable finding of this research is that insurance premiums collected by the insurance company are the most significant factor in the level of revenues during the study period. The Iraqi National Insurance Company is advised to diversify its revenue streams in order to achieve high rates of return and enhance its capacity to grow. https://journal.mtu.edu.iq/index.php/MTU/article/view/2178Iraqi National Insurance CompanyData AnalyticsInsurance ContractInsurance PremiumsInsurance Operations |
| spellingShingle | Ghadhanfer A. Hussein Ameen Al Htibat Analysis of Annual Total Revenues of the Iraqi National Insurance Company Journal of Techniques Iraqi National Insurance Company Data Analytics Insurance Contract Insurance Premiums Insurance Operations |
| title | Analysis of Annual Total Revenues of the Iraqi National Insurance Company |
| title_full | Analysis of Annual Total Revenues of the Iraqi National Insurance Company |
| title_fullStr | Analysis of Annual Total Revenues of the Iraqi National Insurance Company |
| title_full_unstemmed | Analysis of Annual Total Revenues of the Iraqi National Insurance Company |
| title_short | Analysis of Annual Total Revenues of the Iraqi National Insurance Company |
| title_sort | analysis of annual total revenues of the iraqi national insurance company |
| topic | Iraqi National Insurance Company Data Analytics Insurance Contract Insurance Premiums Insurance Operations |
| url | https://journal.mtu.edu.iq/index.php/MTU/article/view/2178 |
| work_keys_str_mv | AT ghadhanferahussein analysisofannualtotalrevenuesoftheiraqinationalinsurancecompany AT ameenalhtibat analysisofannualtotalrevenuesoftheiraqinationalinsurancecompany |