Evaluate the performance of insurance companies listed on the stock exchange

Subject Areas : business management

Fahimeh Khajavi dehshib ¹ , mohammadreza rostami ² , maryam mosleh ³

1 - Department of Management, Shahroud Branch, Islamic Azad University, Shahroud, Iran
2 - Department of Management, Shahroud Branch, Islamic Azad University, Shahroud, Iran
3 - Department of Mathematics, West Tehran Branch, Islamic Azad University, Tehran, Iran

Received: 2021-03-23 Accepted : 2021-06-12 Published : 2021-09-23

Keywords: Performance Appraisal, stock exchange, Insurance Companies, dimensions of performance appraisal of insurance companies, hierarchical analysis process (AHP),

Abstract :

The present study has identified the effective components and indicators to evaluate the performance of listed companies. The present research is applied research in terms of purpose and descriptive-survey in terms of nature. The data collection tool is a questionnaire. In order to identify the components and indicators for evaluating the performance of insurance companies in the stock market, library and internet studies including books, documents, articles and researches of other domestic and foreign researchers were conducted. The indicators were reviewed after extracting the opinion of experts (17 experts and representatives of the Central Insurance) using the Delphi method. AHP software was used to identify the indicators and t-test and then AHP network analysis technique was used to prioritize the components. The most important indicator for evaluating the performance of insurance companies in the stock market is the insurance loss ratio, and the second priority is the profitability of the third priority, the reliability of investors, the fourth priority, the extent of the sales network and the fifth priority, the volume of the contract. According to the results, among the 17 insurances in the stock market, Parsian Insurance received the highest score and Saman Insurance Company obtained the lowest score.