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A Systems View Across Time and Space

Table 1 Descriptive statistics of variables included in the study

From: Determinants of profitability of insurance companies in Ethiopia: evidence from insurance companies from 2011 to 2020 years

Variables

Mean

St. deviation

Minimum

Maximum

Return out asset(ROA)

0.115

0.451

0.011

0.231

Age of company

1.308

0.136

0.954

1.643

Asset tangibility(AT)

0.186

0.120

0.025

0.496

Size of company(SC)

8.174

3.301

1.30

15.44

Managerial efficiency(ME)

2.276

0.729

1.025

4.485

Leverage ratio(LER)

0.673

0.508

0.10

2.681

Liquidity ratio(LQ)

1.133

0.338

0.543

2.297

Loss ratio(LR)

0.673

0.508

0.10

2.681

Premium gross(PG)

0.728

5.622

− 21.70

48.16

Inflation

0.141

0.078

0.074

0.341

GDP

0.102

0.085

0.047

0.650