The Reflection of The Implementation of The Integration Strategy and Risk Management on The Financial Performance of Insurance Companies (An applied study in a sample of Iraqi insurance companies)

Abstract

The research aims to know the extent of the reflection of the integration strategy and risk management on the financial performance of Iraqi insurance companies by conducting a field survey for a sample of insurance company employees in order to know the dimensions of the integration strategy as well as using the value indicator (Z) to measure the level of risks and using financial analysis indicators to measure performance. Financial for the years (2019- 2020) in a sample of Iraqi companies listed in the money market, and after applying these indicators, the research objectives were achieved and the hypothesis tested.

The most important finding of the research is that the integration strategy represents an action plan that companies employ in order to improve their internal operations to achieve their future goals, as well as being the most important modern risk management system that works to make continuous improvements to the company's internal plans and to reflect on its external operations.

The most important thing recommended by the research is the necessity for the administration of Iraqi insurance companies to activate modern administrative systems in order to develop their administrative processes, which will be reflected in their strategic objectives, as well as for the higher management of insurance companies to activate administrative processes in order to employ the strategic foundations to face risks and hedge them.