TITLE:
Performance in the Insurance Industry (Islamic versus Conventional) and Risk Management
AUTHORS:
Amina Aouini, Chokri Abdennadher
KEYWORDS:
Efficiency, Risk Premium, Islamic Insurance, Conventional Insurance
JOURNAL NAME:
Journal of Financial Risk Management,
Vol.11 No.3,
August
17,
2022
ABSTRACT: This article proposes to compare the performance to both Islamic and conventional insurance. To do
this, a sample made up of 9 insurance companies from 2000 to 2013 is used. The
results indicate that risk premiums and size explain the difference between two
insurance industries. Moreover, these two variables have a more favorable
effect on the performance of Islamic and conventional insurance. Regardless of the choice of the period, the
estimation technique or the method for accounting for the efficiency of
insurance, these results remain unchanged.