IJSRP, Volume 11, Issue 11, November 2021 Edition [ISSN 2250-3153]
EvusaZablon, Dr. Joshua Matanda andDr Duncan Mugambi
Abstract:
The main objective of this study was to analyze the effect of market and operational risks exposure on profitability of Licensed Life Insurance Companies in Kenya. The specific objectives of the study are; to establish the effect of foreign exchange rate risk exposure on profitability of licensed insurance companies in Kenya. In order to attain the set objectives, the study tested the following hypotheses; HO1: Foreign exchange rate risk exposure does not have significant effect on profitability of Licensed Life Insurance Companies in Kenya; HO2: interest rate risk exposure does not have significant effect on profitability of Licensed Life Insurance Companies in Kenya; HO3: Operation expense risk exposure does not have significant effect on profitability of Licensed Life Insurance Companies in Kenya.