Efficiency and Productivity in the Insurance Industry Using Frontier Methodologies

María Rubio-Misas ()
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María Rubio-Misas: Universidad de Málaga

A chapter in Handbook of Insurance, 2025, pp 463-504 from Springer

Abstract: 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.

Keywords: Efficiency and productivity in the insurance industry; Frontier methodology; Parametric approach; Nonparametric approach; Data envelopment analysis (DEA) (search for similar items in EconPapers)
JEL-codes: C13 C14 D80 G22 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-69561-2_17

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DOI: 10.1007/978-3-031-69561-2_17

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