productivity for the insurance industry. As an example we construct efficiency frontiers for the years 1992 through 1996 for the … Austrian insurance industry using a Data Envelopment Analysis. The results provide yardsticks for efficiency comparisons from a …

Farmers may use financial market instruments to hedge price risks. Moreover, various types of insurance products are on … the market to protect against production losses. An insurance that covers losses of both input and output prices was … recently introduced in the USA. We develop this concept further by proposing a prototype of an index-based margin insurance …