The aim
of this research is to studythe profitability of the insurance industry in Iran during the period of
20 years from 1993 to 2013. Research method is analytical and inductive
post-event. Data related to the insurance and economic indicators are including
the Premium of life insurance, Premium of non-life insurance, gross domestic
product and inflation and profitability of Iranian insurance companies during
the years 1993 to 2013 that were extracted from the economic and insurance
forms. The regression model and ARDL time series technique were used for data
analysis. The research results showed that the Premium of life insurance has a
positive effect on the profitability of insurance companies in Iran, but the
Premium of non-life insurance has not had a significant effect on
profitability, the economic indexes of research, namely GDP and inflation, have
a positive and negative impact on the profitability of insurance companies in
Iran, respectively.
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