Boosting Efficiency: How Bancassurance Transforms Insurance Cost Dynamics

Hyojin Kim, Youngsik Kwak, Sukho Lee and Akash Dania

Accounting and Finance Research, 2024, vol. 13, issue 4, 26

Abstract: This paper examines whether the bancassurance has attributed to enhancing the cost efficiency of insurance firms, which was the main purpose of the scheme in the first place. In particular, the goal of this paper is to revisit and reverify the results of existing studies that applied the DEA method to estimate the bancassurance effect, by employing additional analysis methods. Although there were some differences in the levels of efficiency each calculated by the three methods, the cost efficiency of life insurers has generally improved since the introduction of bancassurance according not only to the DEA model but most of the other models. Both comparative analysis and multiple regression analysis also support and confirm the results.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.sciedupress.com/journal/index.php/afr/article/download/26939/16604 (application/pdf)
https://www.sciedupress.com/journal/index.php/afr/article/view/26939 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jfr:afr111:v:13:y:2024:i:4:p:26

Access Statistics for this article

More articles in Accounting and Finance Research from Sciedu Press Contact information at EDIRC.
Bibliographic data for series maintained by Sciedu Press ().