J
2020
Evaluation of Technical Efficiency of Insurance Companies in the Visegrad Group Countries
PŘEČKOVÁ, Lenka and Iveta PALEČKOVÁ
Basic information
Original name
Evaluation of Technical Efficiency of Insurance Companies in the Visegrad Group Countries
Name in Czech
Odhad technické efektivnosti pojišťoven v zemích Visegrádské čtyřky
Edition
Ekonomista, Poland, 2020, 2299-6184
Other information
Type of outcome
Článek v odborném periodiku
Field of Study
50206 Finance
Country of publisher
Poland
Confidentiality degree
není předmětem státního či obchodního tajemství
RIV identification code
RIV/47813059:19520/20:A0000119
Organization unit
School of Business Administration in Karvina
Keywords (in Czech)
pojišťovací sektor; technická efektivnost; DEA; země Visegrádské skupiny
Keywords in English
insurance sector; technical efficiency; DEA; Visegrad Group countries
Tags
International impact, Reviewed
Links
GA16-17796S, research and development project.
V originále
The aim of the paper is to estimate the technical efficiency of insurance providers in the Visegrad Group countries in the period 2009–2016 using data envelopment analysis (DEA). The insurance sector in these countries underwent significant changes in the analysed period. during the last two decades. According to the results of the analysis, the average efficiency of insurance companies was approximately 65–80% in the period under study. There were, however, considerable differences among individual insurance companies as well as among the national insurance sectors. The most efficient insurance sectors were those of Hungary and Poland, and the least efficient that of Slovakia. The overall development of efficiency was almost stable, and efficiency decreased in 2012 and 2014. The reason for the inefficiency fall was the decrease in number of premiums written and net income and the high level of costs.
Displayed: 25/11/2024 02:44