<![CDATA[This study aimed to compare the performance of insurance portfolios based on Modern Portfolio Theory (MPT) and actual actively managed insurance portfolios. This study also compared the performance of a predictive insurance portfolio based on MPT and actual actively managed portfolio. A sample of the 32-month report of underwriting and investment performance in BRINS General Insurance was analysed using descriptive statistics, and Wilcoxon signed-rank test. This study found no significant difference between the performance of a portfolio based on MPT and the performance of the actual actively managed portfolio. However, the MPT based portfolio significantly underperformed compared to the actual actively managed portfolio when used predictively.Keywords: Modern Portfolio Theory, Insurance Portfolio, Underwriting Portfolio, Investment Portfolio.]]>
Copyrights © 2021
