PL EN


2009 | 57 | 9 | 857-869
Article title

ANALYSIS OF EFFICIENCY OF SLOVAK AND CZECH INSURANCE COMPANIES BY DATA ENVELOPMENT ANALYSIS MODELS (Analyza efektivnosti slovenskych a ceskych poistovni pomocou modelov analyzy obalu dat)

Title variants
Languages of publication
SK
Abstracts
EN
The aim of the paper is a comparison of efficiency of Slovak and Czech commercial composite insurance companies by data envelopment analysis (DEA) models. DEA models are non-parametric techniques for evaluation of efficiency and performance of the set of homogenous units based on solving of linear programming problems. The basic idea of DEA models consists in estimation of an efficient frontier that defines production possibility set of the problem. The efficient frontier is estimated from the data set that contains the most important characteristics influencing the efficiency of the units. The units lying on the frontier are considered as efficient and the remaining ones as inefficient. Their efficiency score is measured as a distance from the efficient frontier. The following characteristics are taking into account in our analysis: premium income, other income, insurance claims and operating expenses.
Year
Volume
57
Issue
9
Pages
857-869
Physical description
Document type
ARTICLE
Contributors
  • Eva Grmanova, Trencianska univerzita Alexandra Dubceka, Fakulta socialno-ekonomickych vztahov, Katedra mikro a makroekonomie, Studentska 2, 911 50 Trencin, Slovak Republic
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
11SKAAAA093917
YADDA identifier
bwmeta1.element.70c1aa27-e96e-300f-abab-b3e99398d9de
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