A Systems View Across Time and Space
Table 2 Regression analysis of determinants of profitability of insurance company from 2011 to 2020 in Ethiopia
Variables | Estimate | Std. error | Zcal | P-value | 95% CI |
|---|---|---|---|---|---|
Age of company | 0.051 | 0.024 | 2.12 | 0.034 | 0.004, 0.098 |
Asset tangibility | 0.0156 | 0.022 | 0.71 | 0.477 | − 0.027, 0.059 |
Size of company | 0.0049 | 0.00077 | 6.47 | 0.000 | 0.003, 0.006 |
Managerial efficiency | 0.0116 | 0.0038 | 3.04 | 0.002 | 0.004, 0.019 |
Leverage ratio | 0.0070 | 0.0030 | 2.30 | 0.022 | 0.001, 0.013 |
Liquidity ratio | 0.0574 | 0.0082 | 6.97 | 0.000 | 0.041, 0.074 |
Loss ratio | − 0.0138 | 0.0052 | − 2.62 | 0.010 | − 0.024, − 0.004 |
Premium gross | 0.0018 | 0.0005 | 3.96 | 0.000 | 0.0009, 0.003 |
Inflation | − 0.070 | 0.0330 | − 2.12 | 0.034 | − 0.135, − 0.0054 |
GDP | 0.037 | 0.0315 | 1.16 | 0.245 | − 0.025, 0.0983 |
Constant | − 0.088 | 0.0289 | − 3.05 | 0.02 | − 0.1448, − 0.032 |