Evaluation of the Performance of Non-Life Insurance Companies with Gray Entropy and EDAS Methods

Özgür Akpınar; Enes Pehlivan

Makale detayları

Evaluation of the Performance of Non-Life Insurance Companies with Gray Entropy and EDAS Methods

Yazarlar:

Özgür Akpınar | Enes Pehlivan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Uygulamalı Ekonomi (Diğer)

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 45, pp.1298-1323

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001306774

pISSN:

2147-7833

Anahtar kelimeler:

Özet:

 The purpose of this research is to examine the performance of non-life insurance corporations that have a substantial share in the Turkish insurance industry. The performance of 33 non-life insurance corporations 31 corporations for 2020 in the Turkish insurance industry was examined. The Gray Entropy method was used to determine the weight scores, and the EDAS method was used to determine the performance scores of the insurance corporations and rank them according to the scores. At this point, the six-year analysis period and the two approaches utilized together are intended to contribute to the literature and provide originality to the study. The criterion with the greatest impact on performance was Return on Equity Ratio for the first five years of the study period and the Technical Profitability Ratio for the last year. BNP Paribas Insurance Company was the best performing company according to the performance ranking.

 The purpose of this research is to examine the performance of non-life insurance corporations that have a substantial share in the Turkish insurance industry. The performance of 33 non-life insurance corporations 31 corporations for 2020 in the Turkish insurance industry was examined. The Gray Entropy method was used to determine the weight scores, and the EDAS method was used to determine the performance scores of the insurance corporations and rank them according to the scores. At this point, the six-year analysis period and the two approaches utilized together are intended to contribute to the literature and provide originality to the study. The criterion with the greatest impact on performance was Return on Equity Ratio for the first five years of the study period and the Technical Profitability Ratio for the last year. BNP Paribas Insurance Company was the best performing company according to the performance ranking.

 The purpose of this research is to examine the performance of non-life insurance corporations that have a substantial share in the Turkish insurance industry. The performance of 33 non-life insurance corporations 31 corporations for 2020 in the Turkish insurance industry was examined. The Gray Entropy method was used to determine the weight scores, and the EDAS method was used to determine the performance scores of the insurance corporations and rank them according to the scores. At this point, the six-year analysis period and the two approaches utilized together are intended to contribute to the literature and provide originality to the study. The criterion with the greatest impact on performance was Return on Equity Ratio for the first five years of the study period and the Technical Profitability Ratio for the last year. BNP Paribas Insurance Company was the best performing company according to the performance ranking.

 Bu çalışma, Türk sigorta sektörü içerisinde bir hayli önemli bir payı bulunan hayat dışı sigorta şirketlerinin performansını analiz etmeyi amaçlamaktadır. Türk sigorta sektöründeki 33 hayat dışı sigorta şirketinin 2020 yılı için 31 şirket ortaya koymuş olduğu performansları analiz edilmiştir. Ağırlık skorlarının tespitinde Gri Entropi yöntemi, sigorta şirketlerinin performans skorlarının saptanmasında ve skorlara göre sıralanmasında ise EDAS Evaluation based on Distance from Average Solution yöntemi kullanılmıştır. Bu noktada, altı yıllık analiz dönemi ve bir arada kullanılan iki yöntemle birlikte hem literatüre katkı hem de çalışmaya özgünlük sağlanması amaçlanmıştır. Çalışma dönemindeki ilk beş yıl için performans üzerinde en fazla etkisi olan kriter Özsermaye Kârlılık Oranı, son yıl için Teknik Kârlılık Oranı olmuştur. BNP Paribas Sigorta Şirketi, performans sıralamasına göre, en iyi performansa sahip şirket olmuştur.

Makale detayları

Evaluation of the Performance of Non-Life Insurance Companies with Gray Entropy and EDAS Methods

Yazarlar:

Özgür Akpınar | Enes Pehlivan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Uygulamalı Ekonomi (Diğer)

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 45, pp.1298-1323

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001306774

pISSN:

2147-7833

Performance Evaluation

Non-Life Insurance Sector

Gray Entropy

EDAS

Multi-Criteria Decision Making (MCDM)Performans Değerlendirme

Hayat Dışı Sigorta Sektörü

Gri Entropi

EDAS

Çok Kriterli Karar Verme (ÇKKV)

Sayı

Makale detayları

Yazarlar: Özgür Akpınar | Enes Pehlivan

Yayıncı: Karamanoglu Mehmetbey University

Ana Başlıklar: Uygulamalı Ekonomi (Diğer)

Dergi: Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 45, pp.1298-1323

Belge Tipi: Makale

Yayın Tarihi: 12/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001306774

pISSN: 2147-7833

Sayı

Yazarlar:

Özgür Akpınar | Enes Pehlivan

Yayıncı:

Karamanoglu Mehmetbey University

Ana Başlıklar:

Uygulamalı Ekonomi (Diğer)

Dergi:

Karamanoğlu Mehmetbey Üniversitesi Sosyal Ve Ekonomik Araştırmalar Dergisi Vol.25 Issue 45, pp.1298-1323

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001306774

pISSN:

2147-7833