Eman Gamal, Al-Sibai Mohammed,
This study aims to determine the optimal investment strategy (OIS) for life insurance companies within the framework of applying the enterprise resource planning (ERP) system and solvency standards II by measuring the relationship between the application of the requirements of solvency standards II in light of market risks and determining the optimal investment ratios in light of those risks and also Knowing the impact of the application of the Enterprise Resource Planning (ERP) system on the investment performance of insurance companies. The study relied on a sample of Egyptian insurance companies (Misr Life Insurance, Al Mohandes Life Insurance & Allianz Life Insurance) during the period between 2010-2020. The results showed that Misr Company is characterized by the highest percentage of investment returns that achieve the highest possible return in light of the risks facing the company at a risk level of 12.5%, followed by Al Mohandes Company at a risk level of 30%, and finally Allianz Company at a risk level of 38%. It has been found that there is no significant difference between Misr and Allianz companies in terms of the impact of the application of the ERP system on investment performance, as well as between Misr and Al-Mohandes companies, while there is a significant difference between the two companies, Al-Mohandes and Allianz in terms of the impact of the application of the ERP system.