Determinants of the Mauritian life insurance Industry's Performance– An Empirical Study
The financial services sector in Mauritius contributes to 12 percent of the Gross Domestic Product, with the
Insurance, Reinsurance and Pension contributing to 3.2 percent in 2015. This sector has been on the rise over the past decade.
Organisational performance has attracted attention in the corporate finance arena; however, the insurance sector has received
little attention. This paper aims to determine a series of factors (size, leverage, liquidity etc.) that influence the performance of
life insurance companies in Mauritius. This study has identified important determinants and investigated their respective
correlation and predictive capacity to develop a model that could be used to monitor their performance to achieve growth and
Index Terms- Performance Determinants, Life Insurance, Firm specific factors, Relationship.