Application of robust efficiency evaluation method on the Czech life and non-life insurance markets
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F21%3A00122263" target="_blank" >RIV/00216224:14560/21:00122263 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Application of robust efficiency evaluation method on the Czech life and non-life insurance markets
Original language description
The paper presents the analysis of more than fourty insurance companies operating in the Czech Republic in the period 2004–2018. The performance of the companies is evaluated by an universal robust Data Envelopment Analysis. The specification of the model applied in our study includes six variables as the inputs for the analysis: the number of employees and intermediaries, operating costs for the life and non-life segment, equity and total liabilities. As outputs, we use three variables: the financial placement and earned premiums for life and non-life insurance. We compare the efficiency of the companies operating in the individual insurance markets using nonparametric statistical tests. We also try to monitor the dynamics of the performance of individual companies.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 39th International Conference on Mathematical Methods in Economics
ISBN
9788021331266
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
318-324
Publisher name
Czech University of Life Sciences
Place of publication
Praha
Event location
Praha
Event date
Jan 1, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000936369700052