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 …

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 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 …

analyzing the impact of insurers' scale of operations and group affiliation status on benefits, costs, and efficiency from the … regarding the assessment of what constitutes efficiency with respect to scale of operations and group affiliation status … some guidelines regarding the appropriate scale of operations for the scale efficiency, and informs discussion of mergers …

test how risk management and financial intermediation activities create value for insurers by enhancing economic efficiency …. Insurer cost efficiency is measured relative to an econometric cost frontier. Since the prices of risk management and … cost efficiency. The econometric results show that both activities significantly increase the efficiency of the property …

The purpose of this study is to measure technical efficiency and economies of scale and scope in the German insurance … efficiency frontier has been constructed which is used as a yardstick of productive efficiency. The sources of data are the …

The purpose of this study is to measure changes in efficiency and productivity over time in the German insurance … Data Envelopment Analysis an efficiency frontier has been constructed which is used as a yardstick of productive efficiency …. The efficiency and productivity change is measured by the Malmquist Productivity Index. As a result, the productivity has …

structural improvement in efficiency after WTO accession, but geographic and product market restrictions placed on foreign firms …

This paper investigated the structure of the market, efficiency and performance (profitability) of the general … Herfindahl Hirschman Index and the concentration ratio to measure the SCP in addition to computing efficiency as a measure for …