Abstract:
The main purpose of this research study is to find the key
determinants that affect the financial performance of the life
insurance industry during the COVID-19 pandemic. This
study examines the impacts of the COVID-19 epidemic on
the financial performance (ROA and ROE) of the Sri
Lankan life insurance sector. The researcher used six listed
life insurance companies in the Colombo Stock Exchange.
The scholar used the pooled regression method to analyze
and evaluate the study. The research study sample includes
quarterly data from 2017 to 2022. The researcher
population as the sample. The scholar used E-views
software to analyze the data. The findings of the research
study concluded that there is a significant impact of
determinants of financial performance towards the Sri
Lankan life insurance industry during the COVID-19
pandemic and pre-COVID-19 period. However, the impact
is higher in the pre-COVID-19 phase than during COVID-
19.
