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Efficiency and Productivity in the Insurance Industry Using Frontier Methodologies

Author

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  • María Rubio-Misas

    (Universidad de Málaga)

Abstract

This chapter reviews the research on efficiency and productivity in the insurance industry utilizing frontier methodologies that have been published from 2012 to 2022. Forty-six empirical papers are surveyed. In these analyses, econometric and nonparametric approaches have been used to estimate frontiers, with data envelopment analysis (DEA) being the most frequently utilized method. The reviewed papers have been grouped into 12 different application areas where the main analyzed issues and/or tested hypotheses, as well as the principal findings, have been discussed.

Suggested Citation

  • María Rubio-Misas, 2025. "Efficiency and Productivity in the Insurance Industry Using Frontier Methodologies," Springer Books,, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-69561-2_17
    DOI: 10.1007/978-3-031-69561-2_17
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    More about this item

    Keywords

    Efficiency and productivity in the insurance industry; Frontier methodology; Parametric approach; Nonparametric approach; Data envelopment analysis (DEA);
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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