Risks facing insurance companies in Syria by using 5 step dupont analysis model

Investigates the financial risk of Syrian insurance companies through multiple years of ratio analysis using the five step dupont framework. by breaking down return on equity into its key components-net profit margin, asset utilization, equity multiplier, tax burden, and interest burden-the research identifies the main reasons of profitability and financial vulnerability from 2015 to 2023. The study highlights the value of ratio, based analysis in predicting insurer risk, especially in economically unstable environments like Syria.