This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …

The paper examines efficiency, productivity and scale economies in the U.S. property-liability insurance industry …. Productivity change is analyzed using Malmquist indices, and efficiency is estimated using data envelopment analysis (DEA). The … significant gains in total factor productivity, and there is an upward trend in scale and allocative efficiency. More diversified …

The objective of this paper is to discuss the use of modern frontier efficiency analysis to analyze firm performance in … research to incorporate the frontier efficiency approach. The chapter also serves as a guide for those who are already … conducting frontier efficiency analysis but are seeking guidance in using the methodology or defining inputs and outputs. We …

In this paper method and practice of cross-efficiency calculation is discussed. The main methods proposed in the …

indices decomposed into two components, namely efficiency change and technical change. The results show that many of the …

are summarized as follows. First, there is a fall in average efficiency score across models from Do (x,y) to SBMo (x,y) to … suggesting a wider range of variation in efficiency scores in SBM (x,y). Second, the top and bottom 19 companies are found from …

This paper contributes to the existing literature by examining the efficiency and competitiveness of the Takaful … insurance. We employ the Data Envelopment Analysis (DEA) to compute the efficiency of Takaful operators, while Panzar-Rosse (P … to estimating provisions for outstanding claims, as this factor is negatively influencing the efficiency of Takaful …

landscape. This research aims to evaluate the efficiency of converting sustainable development outcomes, quantified through ESG …. The results reveal that only one financial institution has an efficiency score of 1, signifying a notable efficiency level …. Most financial institutions in the dataset possess efficiency scores (represented by theta) below 0.1, indicating a …

In this paper, we measure and analyse profit efficiency and productivity of Vietnamese banks using a newly developed …, and to some degree technical efficiency change, whereas scale efficiency change contributes adversely to productivity … growth. We also investigate the effects of the capital-adequacy and deposit-taking regulations on profit efficiency, and find …