Investigating Factors Affecting the Financial Wealth of Insurance Companies in Iran

Subject Areas : Financial Accounting

Seyied Mohammad Ali Masoumi Qazi Nouri Tabatabaie ¹ , Mohammadazim Khodayari ^{2 *} , Daryoush Javid ³

1 - Department of Public Administration ,Hamedan Branch, Islamic Azad University, Hamedan, Iran
2 - Department of Public Administration, Malayer Branch, Islamic Azad University, Malayer, Iran
3 - Department of Public Administration, Borujerd Branch, Islamic Azad University, Borujerd, Iran

Accepted : 2024-10-14 Published : 2024-10-29

Keywords:

Abstract :

The main goal of this article is to Investigating Factors Affecting the Financial Wealth of Insurance Companies in Iran. The method of this article is descriptive in terms of practical purpose and library data collection method. The data collection tool in this article was a standard questionnaire that was adapted from Masoumi et al.'s questionnaire and model. The statistical population of the research is all the experts in the country's insurance industry. The results of this article showed that the country's insurance industry experts, including university professors and senior managers of Iran Insurance Company, agree with these four main risks in the Financial Wealth model . However, these four main risks are not enough for the model of Financial Wealth . In the final, the optimal pattern of financial wealth in the Iranian insurance company includes four main pillars, which include 6 basic and general contain asset/liability mismatch risk, reinvestment risk, exchange rate risk, international market risk, life insurance account separation risk from non-life insurance account, life insurance account investment risk risks in the insurance industry each of the basic and general risks of the insurance industry also has several risks and sub-categories.