We aimed in this research to suggest an Insurance Regulatory
Information System (IRIS); it is integrated with the nature of the Syrian
insurance market. This system consists of scientific, practical and
separated indicators for evaluating the p
erformance of the Syrian
insurance companies.
Moreover, this system consists of previous indicators which are
divided into four groups. Each group studies a different side of risks that
are faced by the Syrian insurance companies. We devised a mechanism to
distinguish among the studied sample according to the proposed
indicators. Depending on earlier mechanism, the studied companies are
classified into the companies that have positive performance and others
that have negative one.
We have applied the suggested IRIS to the studied sample which
includes one Syrian public insurance company and six private insurance
companies. We depend on appropriate statistical methods to test
hypotheses during the studied period to achieve objectives of the research.
Major findings serve the decision makers in the Syrian insurance
companies. Suggested IRIS is a new scientific method which should be
used in the local insurance field.
Future studies should be interested in developing and increasing
the number of previous indicators.
