Izvorni znanstveni članak
The Efficiency Analysis of Non-life Insurance Companies Active in Turkey
Semra Turkan
; Hacettepe University, Faculty of Science,
Esra Polat
; Hacettepe University, Faculty of Science,
Suleyman Gunay
; Hacettepe University, Faculty of Science,
Sažetak
This paper evaluates the technical effi ciencies of non-life insurance companies, which are active in Turkey in 2007, using Data Envelopment Analysis (DEA). DEA, which is a nonparametric method, facilitates to examine different input-output components. DEA is a
management evaluation tool that assists in identifying the most efficient and ineffi cient decision making units (DMUs) in the best practice frontier. In this study, as inputs of 23 non-life insurance companies, the number of agents, the number of brokers, fi xed assets,
shareholders’ equity and as outputs the investment incomes, premiums received are used. Empirical results of BCC and CCR models, which are DEA models, show that the most efficient insurance company is RAY.
Ključne riječi
Banker-Charnes-Cooper(BCC); Charnes-Cooper-Rhodes(CCR); Data Envelopment Analysis (DEA); Efficiency; Insurance
Hrčak ID:
93377
URI
Datum izdavanja:
1.12.2012.
Posjeta: 1.703 *