IMPACT OF CLAIM RATIO ON THE EFFICIENCY OF CHINESE NON-LIFE INSURANCE COMPANIES

摘要：

　　The paper assesses efficiency of 17 Chinese non-life insurance companies during the period 2006-2011.Non-radial non-oriented directional distance function is used to handle claim ratio (an undesirable output).Results are compared to those from models that do not account for claim ratio.The results show that after claim ratio is added to the model, number of efficient companies increases;some small foreign-funded companies are on the efficient frontier while they are not in the model without claim ratio;the level of inefficiency decreases.Finally, we also use the model to analyze the effects of other characteristics.

关键词： Insurance company Efficiency Directional distance function Claim Ratio

作者: Haitao Zheng Wenrui Zhang

作者单位: School of Economics and Management, Beihang University, Beijing 100191, China

会议类型: 国际会议

会议名称: The 12th International Conference on Industrial Management(第十二届工业管理国际会议)

会议地点: 成都

会议语种:英文

页码: 290-296

在线出版日期: 2014-09-03（万方平台首次上网日期，不代表论文的发表时间）