產險業加入金融控股公司前後經營績效探討研究

• Main Author: 杜文德
• Other Authors: 王儷玲
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/02534203618353193805

碩士 === 國立政治大學 === 經營管理碩士學程(EMBA) === 95 === The study analyzes thirteen operating efficiency indices of four property insurance companies of financial holding corporations and compares the operating efficiency before and after they join the financial holdings groups. Besides, I have taken ten operating efficiency indices into account, including consolidated market share and industry rankings, excluding absolute indices such as core earnings and investment profits, to measure the operating performance of these four companies to compare the difference of synergies among them. The empirical study shows that: 1) Only Cathay Century Insurance Company of Cathay Financial Holding Group has improved operating performance but the others do not have significant difference with regard to it; some even have worse operating performance than that before they joined the financial holdings companies and it implies low synergy is evident for property insurance companies of financial holdings companies. 2) The operating performance rankings of these four companies are as followed: Cathay Century Insurance Company of Cathay Financial Holdings, South China Insurance Company of Hua Nan Financial Holdings, Fubon Insurance Company of Fubon Financial Holdings, Chung Kuo Insurance Company of Mega Financial Holdings. The empirical study tells us that Cathay Century Insurance Company has better operating performance before and after joining financial holding companies.