This aim of this study to shed some light of the effect of risk factors on the financial
performance of insurance companies listed at Kuwait stock exchange (KSE) over the period
2009-2017. The research uses credit, operational and liquidity risk as independent variables
and return on assets (ROA) and return on equity (ROE) as dependent variables. Results
obtained from this study showed that the financial performance of Kuwaiti insurance
companies are mostly affected by operational risk and credit risk while liquidity risk does not …