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The Impact of the Performance of Life Insurance Companies on the Growth of Sri Lankan Economy

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dc.contributor.author Rajapaksha, R. A. D. N.
dc.contributor.author Gunasekera, A. L.
dc.date.accessioned 2021-06-23T07:32:09Z
dc.date.available 2021-06-23T07:32:09Z
dc.date.issued 2020
dc.identifier.citation Rajapaksha ,R. A. D. N.,& Gunasekera,A. L. (2020) The Impact of the Performance of Life Insurance Companies on the Growth of Sri Lankan Economy, 9 th Students’ Research Symposium, Department of Finance, Faculty of Commerce and Management Studies University of Kelaniya Sri Lanka.Pag.81 en_US
dc.identifier.issn 2279-3097
dc.identifier.issn 2279-3097
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/22762
dc.description.abstract Introduction - Insurance service and sector is playing a major and important role in an economy and provide significant contribution to the economy through encouraging long term investments, reinvestments of additional funds in public and private sector securities such as corporate and government bonds and debt securities Design/Methodology - The population of the research comprises of all the life insurance companies in Sri Lanka. The collected data has analysed using panel data analysis model combined of cross-sectional data and time series data. Findings - The results of the study have revealed that among three factors that was studied, Penetration rate of insurance industry influences greatly on the economic growth of Sri Lanka while Gross Written Premium and Total Assets of insurance companies are not significantly influence on economic growth. Conclusion - There are more factors effect on life insurance companies; political factors; insurance advisor’s behaviour that may differ in diverse extents. Hence, future researchers can be used more factors and identify relationship among those factors and economic growth of Sri Lanka en_US
dc.publisher Department of Finance Faculty of Commerce and Management Studies University of Kelaniya en_US
dc.subject Gross Written Premium, Total Assets, Penetration Rate, Gross Domestic Product en_US
dc.title The Impact of the Performance of Life Insurance Companies on the Growth of Sri Lankan Economy en_US


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