The Relationship between Policy Type Selling and the Efficiency of Life Insurers
碩士 === 逢甲大學 === 風險管理與保險研究所 === 100 === The purposes of this study are to distinguish policy selling type by premium and estimating the efficiency of life insurance industry by Data envelopment analysis(DEA).DEAis employed to measure pure technical efficiency and technical efficiency by input and out...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2012
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/11925685411291071277 |
| Summary: | 碩士 === 逢甲大學 === 風險管理與保險研究所 === 100 === The purposes of this study are to distinguish policy selling type by premium and estimating the efficiency of life insurance industry by Data envelopment analysis(DEA).DEAis employed to measure pure technical efficiency and technical efficiency by input and output proxies. We used 15 life insurance companies from the year 2006 to 2010.Then efficiency measures are used as dependent variable in Tobit regression model to examine the effect of exogenous factor on operating efficiency.
The evidence shows that size is negative correlation in VRS model and positive correlation in CRS model. The efficiency of the new insurance company is worse than that of old company and traditional insurance company is more efficient than that of unit-linked insurance company.
We suggest that small insurance companies should increase scale to increase efficiency and large insurance companies should decrease scale to increase efficiency. The new insurance companies should learn from the old company.
|
|---|