A Comparative Analytical Study of the Financial Performance of Insurance Companies Listed on the Iraq Stock Exchange

Abstract

The current research seeks to analyze a comparative financial analysis of the performance of insurance companies listed on the Iraq Stock Exchange three companies (Al-Amin Insurance Company, Al-Hamra Insurance Company, and Dar Al-Salam Insurance Company). Based on quantitative data take out the financial statements for the years (2020-2023), a set of financial indicators is used to measure profitability, liquidity, operational efficiency, and other metrics. This analysis used to identify and explain the differences in the companies' financial performance. The results revealed a clear variation and significant differences in the return and efficiency levels of the studied companies. This reflects the impact of the management strategies employed and the differences in the operating models adopted by each company. The research relied on financial indicators, which contributes to providing a clear view of the companies' financial position for both investors and decision-makers. The results highlight the need for increased transparency and improved operational performance to achieve a sustainable competitive advantage in the insurance sector.