Application of robust efficiency evaluation method on the Czech life and non-life insurance markets

Kód výsledku v 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>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Application of robust efficiency evaluation method on the Czech life and non-life insurance markets

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Application of robust efficiency evaluation method on the Czech life and non-life insurance markets

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 39th International Conference on Mathematical Methods in Economics

ISBN

9788021331266

ISSN

—

e-ISSN

—

Počet stran výsledku

7

Strana od-do

318-324

Název nakladatele

Czech University of Life Sciences

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

1. 1. 2021

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000936369700052