Financial Performance Analysis with Reference Ideal Method: An Application on BIST Insurance Companies

Abstract

Bu makale, en az iki hakem tarafından incelenmiş ve intihal içermediği teyit edilmiştir. / This article has been reviewed by at least two referees and scanned via a plagiarism software.

Tarım sigortaları ve doğal afetler: Türk tarım sigortaları havuzu (TARSİM) finansal performansının seçili kriterler dâhilinde değerlendirilmesi

“…The results highlighted that the most influential criterion for evaluating financial performance was the short-term debts-to-assets ratio, and Ak Insurance was identified as the company demonstrating the most favorable financial performance. Tayyar et al (2018) worked on a financial performance analysis using the Reference Ideal Method (RIM) on Turkish insurance companies listed on Borsa Istanbul. They employed 17 financial ratios, including metrics such as premiums earned/equity, liquidity ratio, and loss premium ratio with data spanning from 2015 to 2017.…”

“…Although these reports are available starting from 2006, the years up to 2018 were excluded from the analysis due to missing data for certain financial indicators, such as equity data. Considering the relevant literature (see Bülbül & Köse (2016) and Tayyar et al (2018) for details) and data availability, eight indicators were extracted from TARSIM's balance sheets and income statements within the annual reports. Subsequently, calculations were made to derive seven financial performance ratios based on these criteria.…”

“…Subsequently, calculations were made to derive seven financial performance ratios based on these criteria. These ratios are categorized under different headings as mentioned by Tayyar et al (2018):…”

An Empi̇ri̇cal Appli̇cati̇on for the Performance Evaluati̇on of Non-Li̇fe Insurance Compani̇es Operati̇ng i̇n the Turki̇sh Insurance Sector

“…Tayyar ve diğerleri, 2015-2017 döneminde BİST Sigorta Endeksinde yer alan 4 hayat dışı sigorta şirketinin performans değerlendirmesini Reference Ideal Method yönteminden faydalanarak araştırmışlardır. Yapılan araştırma sonucunda 3 yılın ortalaması alınarak elde edilen değerler, Ray sigortanın en iyi performansa sahip sigorta şirketi olduğunu göstermektedir (Tayyar, Yapa, Durmuş & Akbulut, 2018).…”

A Review of Financial Performance of Aircraft Leasing Companies

“…On the other hand, decision-makers should be cautious when determining the ideal range. In addition to these studies, some studies examine performance in various dimensions in the airline industry (Tayyar et al, 2018;Borochin, 2020;Eufrasio et al, 2021;Gudiel Pineda et al, 2018;Huang et al, 2020;Renold et al, 2019).…”