المعيار
Volume 15, Numéro 1, Pages 796-811
2024-06-16

Early Warning System Iris As A Tool For Assessing Financial Performance Of Insurance Companies “a Case Study Of Algerian Insurance Company (caat)”

Authors : Deboub Ouissam . Boukredid Abdelkadir .

Abstract

In the financial field, insurance companies are significant players affected by market changes and economic fluctuations. The Early Warning System IRIS plays a prominent role in evaluating the performance of these companies, as it can analyze potential financial risks early and take necessary measures to effectively deal with them. This study aims to understand the contribution of the Early Warning System IRIS in assessing the financial performance of the Algerian Insurance Company (CAAT) between the years 2017 and 2021. The study concluded that the Early Warning System does not have a clear use in the company despite its importance, as it is a tool for assessing the company's financial performance and can be beneficial to the company. Early warning systems are considered an effective means to alert companies to potential financial distress, and this reliance is based on the results of financial indicators associated with the system

Keywords

Insurance Companies ; Financial Performance ; Early Warning System IRIS