Using Nonparametric Approach to Measure Cost Efficiency of Non-Life Insurance Companies in Taiwan

碩士 === 淡江大學 === 保險學系保險經營碩士班 === 93 === Recently, the government has opened insurance policy up, removed a ban on insurance policy, and liberalized expenses rate of non-life insurance companies. Under the circumstances there is intense competition in the non-life insurance market. Facing the inte...

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Bibliographic Details
Main Authors: Jo-Ning Chao, 趙若凝
Other Authors: Tong-Liang Kao
Format: Others
Language:zh-TW
Published: 2005
Online Access:http://ndltd.ncl.edu.tw/handle/22583152330409652299
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Summary:碩士 === 淡江大學 === 保險學系保險經營碩士班 === 93 === Recently, the government has opened insurance policy up, removed a ban on insurance policy, and liberalized expenses rate of non-life insurance companies. Under the circumstances there is intense competition in the non-life insurance market. Facing the intense competition of the non-life insurance market, non-life insurance companies have to struggle for existence by controlling and making good use of their cost in order to create a more advantageous situation for themselves. This paper employs DEA to measure the cost efficiency of Taiwan’s non-life insurance companies. Through this methodology, we can find out the target of the non-life insurance companies and use Malmquist DEA to measure the change of efficiency. We also analyze the key factors which mainly affect the cost efficiency. We hope that the result of the analysis can benefit the non-life insurance companies in cost-controlling strategies.