THE EFFICIENCY MEASUREMENT OF NON-LIFE INSURANCE COMPANIES IN TURKEY

Alper Ova

Makale detayları

THE EFFICIENCY MEASUREMENT OF NON-LIFE INSURANCE COMPANIES IN TURKEY

Yazarlar:

Alper Ova

Yayıncı:

Dicle University

Ana Başlıklar:

Ekonomi | Özel Sigorta Yönetimi

Dergi:

Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.13 Issue 26, pp.467-480

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304167

pISSN:

1309-4602

Anahtar kelimeler:

Özet:

 In todays competitive conditions, companies need to use their resources in the best way and transform them into outputs in order to continue their activities in a healthy way. For this, the efficiency of the companies in the sector should be measured periodically. In this study, the efficiency scores of 20 non-life insurance companies in Turkey, for the period of 2018-2021, were calculated using the data envelopment analysis. Earned premiums and investment income were used as outputs, while claims incurred and operating expenses were taken into account as inputs. According to the results of the analysis made under the assumption of constant returns to scale, 4 companies were efficient in 2018, 5 companies in 2019, 5 companies in 2020 and 3 companies in 2021. In the four years examined, 2 companies were efficient in all years, while 12 companies were not efficient in any year. In addition, 2021 reference sets and projection information for inefficient companies were also given.

 In todays competitive conditions, companies need to use their resources in the best way and transform them into outputs in order to continue their activities in a healthy way. For this, the efficiency of the companies in the sector should be measured periodically. In this study, the efficiency scores of 20 non-life insurance companies in Turkey, for the period of 2018-2021, were calculated using the data envelopment analysis. Earned premiums and investment income were used as outputs, while claims incurred and operating expenses were taken into account as inputs. According to the results of the analysis made under the assumption of constant returns to scale, 4 companies were efficient in 2018, 5 companies in 2019, 5 companies in 2020 and 3 companies in 2021. In the four years examined, 2 companies were efficient in all years, while 12 companies were not efficient in any year. In addition, 2021 reference sets and projection information for inefficient companies were also given.

 In todays competitive conditions, companies need to use their resources in the best way and transform them into outputs in order to continue their activities in a healthy way. For this, the efficiency of the companies in the sector should be measured periodically. In this study, the efficiency scores of 20 non-life insurance companies in Turkey, for the period of 2018-2021, were calculated using the data envelopment analysis. Earned premiums and investment income were used as outputs, while claims incurred and operating expenses were taken into account as inputs. According to the results of the analysis made under the assumption of constant returns to scale, 4 companies were efficient in 2018, 5 companies in 2019, 5 companies in 2020 and 3 companies in 2021. In the four years examined, 2 companies were efficient in all years, while 12 companies were not efficient in any year. In addition, 2021 reference sets and projection information for inefficient companies were also given.

 Günümüz rekabet koşullarında şirketlerin faaliyetlerini sağlıklı bir şekilde sürdürebilmeleri için ellerindeki kaynakları en iyi şekilde kullanıp çıktılara dönüştürmeleri gerekmektedir. Bunun için sektörde yer alan firmaların etkinliklerinin periyodik bir şekilde ölçülmesi gerekmektedir. Bu çalışmada Türkiyedeki 20 hayat dışı sigorta şirketinin 2018-2021 dönemi etkinlikleri veri zarflama analizi ile hesaplanmıştır. Girdi olarak gerçekleşen tazminatlar ve faaliyet giderleri dikkate alınırken, çıktı olarak kazanılmış primler ve yatırım gelirleri kullanılmıştır. Ölçeğe göre sabit getiri varsayımı altında yapılan analiz sonuçlarına göre 2018 yılında 4, 2019 yılında 5, 2020 yılında 5 ve 2021 yılında 3 şirket etkin çıkmıştır. İncelenen dört yılda 2 şirket tüm yıllarda etkin çıkarken, 12 şirket hiçbir yılda etkin çıkmamıştır. Ayrıca etkin olmayan şirketler için 2021 yılı referans kümeleri ve projeksiyon bilgileri de verilmiştir.

Makale detayları

THE EFFICIENCY MEASUREMENT OF NON-LIFE INSURANCE COMPANIES IN TURKEY

Yazarlar:

Alper Ova

Yayıncı:

Dicle University

Ana Başlıklar:

Ekonomi | Özel Sigorta Yönetimi

Dergi:

Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.13 Issue 26, pp.467-480

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304167

pISSN:

1309-4602

Insurance Companies

Data Envelopment Analysis

EfficiencySigorta Şirketleri

Veri Zarflama Analizi

Etkinlik

Sayı

Makale detayları

THE EFFICIENCY MEASUREMENT OF NON-LIFE INSURANCE COMPANIES IN TURKEY

Yazarlar: Alper Ova

Yayıncı: Dicle University

Ana Başlıklar: Ekonomi | Özel Sigorta Yönetimi

Dergi: Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.13 Issue 26, pp.467-480

Belge Tipi: Makale

Yayın Tarihi: 11/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001304167

pISSN: 1309-4602

Insurance Companies

Data Envelopment Analysis

EfficiencySigorta Şirketleri

Veri Zarflama Analizi

Etkinlik

Sayı

Yazarlar:

Alper Ova

Yayıncı:

Dicle University

Ana Başlıklar:

Ekonomi | Özel Sigorta Yönetimi

Dergi:

Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.13 Issue 26, pp.467-480

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304167

pISSN:

1309-4602