Measurement of Operating Efficiency of Property Insurance Companies in China
- DOI
- 10.2991/aebmr.k.210210.027How to use a DOI?
- Keywords
- property insurance, operational efficiency, Super-SBM DEA
- Abstract
The operation of property insurance companies is directly related to the healthy and stable development of insurance industry. Based on the operating data of 38 property insurance companies from 2009 to 2014, we observed the change trend of total factor productivity through the Malmquist index. On this basis, we constructed Super-SBM DEA model (Slacks-based measure of super-efficiency in data envelopment analysis developed by Tone) to measure the operating efficiency of 38 property insurance companies. The research shows that the total factor productivity of property insurance companies showed a downward trend on the whole during the sample period. The operating efficiency of property insurance companies in China is at a low level. The operating efficiency of domestic property insurance companies is higher than that of foreign companies. There were significant differences in Super-SBM efficiency values among insurance companies.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xiangyan Meng PY - 2021 DA - 2021/02/21 TI - Measurement of Operating Efficiency of Property Insurance Companies in China BT - Proceedings of the 6th International Conference on Economics, Management, Law and Education (EMLE 2020) PB - Atlantis Press SP - 176 EP - 180 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210210.027 DO - 10.2991/aebmr.k.210210.027 ID - Meng2021 ER -