Efficiency Performance of GCC Insurance Sector
The objective of this study is to analyse the efficiency performance of Takaful and conventional in GCC insurance sector for the period 2015 to 2019. Data Envelopment Analysis (DEA) were used to estimate the efficiency level. Premium and investment income are taken as common output variable while...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Human Resource Management Academic Research Society
2021
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/35352/1/Ab-Rahim%20et%20al.%20%282021%29%20efficiency-performance-of-gcc-insurance-sector.pdf http://ir.unimas.my/id/eprint/35352/ https://hrmars.com/papers_submitted/10008/efficiency-performance-of-gcc-insurance-sector.pdf |
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| Institution: | Universiti Malaysia Sarawak |
| Language: | English |
| Summary: | The objective of this study is to analyse the efficiency performance of Takaful and
conventional in GCC insurance sector for the period 2015 to 2019. Data Envelopment Analysis
(DEA) were used to estimate the efficiency level. Premium and investment income are taken
as common output variable while labour, total fixed assets, business services, and equity
capital as major input. The results show that the Takaful firms are equally efficient compared
to the conventional firms. The Takaful when compared to conventional insurance is highly
technical and pure technical efficient however it is moderately cost efficient and there is a
large opportunity for improvement. |
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