Αποδοτικότητα και παραγωγικότητα των ευρωπαϊκών ασφαλιστικών επιχειρήσεων

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Keywords
Αποδοτικότητα ; Παραγωγικότητα ; Ευρωπαϊκές ασφαλιστικές επιχειρήσεις ; DEAAbstract
European insurance companies operate in an international competitive market. In this paper we refer to the various methods of calculating efficiency for the evaluation of their business plans. In the first section of this paper we will present the evolution of the insurance sector from the ancient years up to the current status of the European insurance market. Next, using the DEA method, we will calculate the efficiency scores from a sample of 287 European life and health insurance companies for the years 2016 and 2017. Based on these scores, we will study how efficiency is affected in relation to various endogenous and exogenous factors of the economy. The methodology that was used showed that the efficiency scores were increased between the two years and that there is a correlation with the characteristics of the country of origin of each insurance company of the sample.