Abstract:
An insurance sector is essential for the social development of each society and the economic conditions that help your country reduce its amount of uncertainty and fear. Profitability is also considered an important factor in the financial sectors. That is why the main objective of this study is to find out the financial performance indicators of Pakistan's insurance companies. In addition, the research examines the main internal and external variables and their relationship with them. Insurance services are now integrated into a broader financial sector, and the insurance sector plays an important role in Pakistan's service economy. Profitability is one of the most important objectives of financial management because one of the objectives of financial management is to maximize the wealth of the owner and Profitability is a very important determinant of performance. I have studied the determinants of Profitability in insurance companies in Pakistan. This study examines the effects of the specific signature. A key indicator of the Profitability of insurance companies is the return on assets, what I choose is as a dependent variable and independent variables include, the size of the company, the growth of the premium, the solvency index and. The Profitability of the inflation rate depends on the dependent variable, while others are independent variables. The sample in this study includes 07 insurance companies, some of which are listed on the Pakistan Stock Exchange (PSX). Secondary data obtained from the financial statements (balance and profit and loss account) of insurance companies. The study investigated the determinants of petformance in Pakistan's insurance companies. In addition, I discovered that recent economic uncertainty has affected the performance of general insurers in Pakistan. The objective of this study is to study the factors that affect the financial performance of insurance companies. In this study, I used a causal research design with a mixed research approach due to the quantitative nature of the data needed to prepare the report for this study. The target population for the study is 07 insurance companies operating in Pakistan and their significant effect on each other
