Productive Performance of the French Insurance Industry

Fecher, Fabienne; Kessler, Denis; Perelman, Sergio

doi:10.1007/978-94-011-2200-9_6

Cited by 22 publications

(20 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…For example, Cummins, Weiss and Zi (1999) have analysed the efficiency of U.S. mutual and stock property-liability insurers using frontier analysis while Cummins and Rubio-Misas (2001) on the sample of Spanish firms have used frontier efficiency analysis to estimate cost, technical, and allocative efficiency, as well as using Malmquist analysis to measure total factor productivity (TFP) change. Fecher et al (1993) investigated the relative productive performance or technical efficiency of French insurance companies. The analysis refers to the period 1984 -1989 and it is conducted using parametric and non-parametric approaches.…”

Section: Literature Reviewmentioning

confidence: 99%

Profitability Determinants of Insurance Markets in Selected Central and Eastern European Countries

Kramarić¹,

Miletić²,

Pavić³

2017

IJoES

View full text Add to dashboard Cite

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Profitability Determinants of Insurance Markets in Selected Central and Eastern European Countries

Kramarić¹,

Miletić²,

Pavić³

2017

IJoES

View full text Add to dashboard Cite

show abstract

“…5 For example in Diacon et al (2002); . 6 Fecher et al (1993); Gardner and Grace (1993); Fukuyama (1995); Cummins and Zi (1998). 7 Rai (1996); Cummins et al (1996); Donni and Fecher (1997); Katrischen and Scordis (1998); Diacon et al (2002).…”

Section: Introductionmentioning

confidence: 99%

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Barros

Barroso

Borges

2005

Geneva Pap Risk Insur Issues Pract

View full text Add to dashboard Cite

This paper estimates changes in total productivity, breaking this down into technically efficient change and technological change by means of data envelopment analysis applied to a representative sample of insurance companies operating in the Portuguese market. The aim of this procedure is to seek out those best practices that will lead to improved performance in the market. We rank the companies according to their change in total productivity for the period 1995-2001, concluding that some companies experienced productivity growth while others experienced a decrease in productivity. The implications arising from the study are considered in terms of managerial policy.

show abstract

“…Many studies do not find evidence for the EHP, e.g. Bikker and Gorter (2011) for the Netherlands, Gardner and Grace (1993) and Cummins and Zi (1998) for the US, and Fukuyama (1997) for Japan, while for France, Fecher et al (1993) find higher efficiency for stock life insurers than for mutuals.…”

Section: Literature On Performance In the Life Insurance Industrymentioning

confidence: 99%

Performance of the Life Insurance Industry Under Pressure: Efficiency, Competition and Consolidation

Bikker

2012

SSRN Journal

View full text Add to dashboard Cite

A well-performing life insurance industry benefits consumers, producers and insurance firm stockholders alike. Unfavourable market conditions stress the need for life insurers to perform well in order to remain solvent. Using a unique supervisory data set, this paper investigates competition and efficiency in the Dutch life insurance market by estimating unused scale economies and measuring efficiency-market share dynamics during 1995-2010. Large unused scale economies exist for small and medium-sized life insurers, indicating that further consolidation would reduce costs. Over time average scale economies decrease but substantial differences between small and large insurers remain. A direct measure of competition confirms that competitive pressures are at a lower level than in other markets. We do not observe any impact of increased competition from banks, the so-called investment policy crisis or the credit crisis, apart from lower returns in 2008. Investigation of product submarkets reveals that competition is higher on the collective policy market, while the opposite is true for the unit-linked market, where the role of intermediary agents is largest.

show abstract

Productive Performance of the French Insurance Industry

Cited by 22 publications

References 11 publications

Profitability Determinants of Insurance Markets in Selected Central and Eastern European Countries

Profitability Determinants of Insurance Markets in Selected Central and Eastern European Countries

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Performance of the Life Insurance Industry Under Pressure: Efficiency, Competition and Consolidation

Contact Info

Product

Resources

About