August 16, 2025The International Journal of Business & ManagementOpen Access

Risk Management Practices and Financial Performance of Medical Insurance Companies in Kenya

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Financial risk management practices significantly enhanced the financial performance of medical insurance companies, leading to a measurable positive impact.
Actuarial risk management practices also revealed significant benefits, with a strong relationship indicated (P=0.000, <0.05) in enhancing performance outcomes.
Liquidity risk management practices showed a crucial link to financial performance, underscoring the importance of effective management measures for insurers.
The relationship between risk management practices and financial performance was notably moderated by firm size, highlighting potential complexities in the insurance sector.

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Implication

Observational analysis shows significant effects of risk management practices on financial performance in Kenya, indicating improvement opportunities.

Cite This Study

Ogwankwa et al. (2025) studied this question.

synapsesocial.com/papers/68af70627567bf4f94feb80c https://doi.org/10.24940/theijbm/2025/v13/i5/bm2505-005

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Implication

Observational analysis shows significant effects of risk management practices on financial performance in Kenya, indicating improvement opportunities.

Risk Management Practices and Financial Performance of Medical Insurance Companies in Kenya

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Discussion

Implication

Cite This Study

Risk Management Practices and Financial Performance of Medical Insurance Companies in Kenya

Key Points

Discussion

Implication

Cite This Study

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