search query: @indexterm solvency / total: 18
reference: 3 / 18
| Author: | Brockett, P.L. (et al.) |
| Title: | Evaluating solvency versus efficiency performance and different forms of organization and marketing in US property-liability insurance companies |
| Journal: | European Journal of Operational Research
2004 : APR, VOL. 154:2, p. 492-514 |
| Index terms: | Data envelopment analysis Efficiency Insurance Regulations Solvency Organizational structure Marketing channels |
| Language: | eng |
| Abstract: | Solvency is a primary concern for regulators of insurance companies, claims paying ability is a primary concern for policyholders, and return on investment in a primary concern for investors. Here the authors examine the efficiency of insurance companies via data envelopment analysis using solvency, claims paying ability, and return on investment as outputs and using a financial intermediary model for the insurance company. The effect of solvency on efficiency is then examined. These efficiency evaluations are further examined to study stock versus mutual form of organizational structure and agency versus direct marketing arrangements, which are examined separately and in combination. |
SCIMA