The Financial Performance on Asset Quality of Insurance Industry in Egypt (Panel Data Analysis)

摘要

This study is an attempt to analyze the impact of the financial performance on asset quality of insurance industry in Egypt as applied on a sample of 19 insurance companies over the period 1999-2019.The financial performance measured by profitability (return on equity-return on investment) and liquidity results show that there is a significant negative linear relationship between the independent variable in terms ofX3, and the dependent variable; y, at a significant level less than (0.01), while there is no significant linear relationship between the independent variable of X1,X2, and dependent variable; y at a significant level greater than (0.05) . The study methodology used panel data analysis according to ARDL model and OLS, beside the robustness check supports these results using the Jarque-Bera test and the Durbin-Watson test statistic.