A study on the technical efficiency of selected non-life insurance companies in the Philippines for the years 2002-2011 using data envelopment analysis (DEA)

This study focuses on the technical efficiency of the selected non-life insurance companies in the Philippines for the years 2002-2011. Data envelopment analysis is the method used to assess and evaluate the technical efficiency of each non-life insurance company. The model that will be used for thi...

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Bibliographic Details
Main Authors: Cancicio, Catherine Rachel, Dela Cruz, Arnold, Maglangue, Dana Katrina, Sobejana, Sheena Joy
Format: text
Language:English
Published: Animo Repository 2013
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/18497
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Institution: De La Salle University
Language: English
Description
Summary:This study focuses on the technical efficiency of the selected non-life insurance companies in the Philippines for the years 2002-2011. Data envelopment analysis is the method used to assess and evaluate the technical efficiency of each non-life insurance company. The model that will be used for this method is the Charnes, Cooper, ad Rhodes (CCR) model. The inputs that will be used are total underwriting expense, debt capital and equity capital while the outputs are gross premiums and gross investment income. Results show that 20 out of 71 non-life insurance companies were technically efficient for 10 years while the industry, on a 10 year average, is 95.67% technically efficient.