文章基本信息

标题：Efficiency of General Insurance in Malaysia Using Stochastic Frontier Analysis
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作者：Mohamad Arif Awang Nawi ; Wan Muhamad Amir W Ahmad ; Nor Azlida Aleng 等
期刊名称：Statistika
印刷版ISSN：1411-5891
出版年度：2011
卷号：11
期号：2
页码：79-86
DOI：10.29313/jstat.v11i2.1050
出版社：Universitas Islam Bandung
摘要：General insurance comprises insurance of property against fire and burglary, floods, storms, earthquakes and so on. The purpose of the current study is to measure the relative efficiency of general insurance in Malaysia by using SFA for the year 2007 until 2009, consist of 26 general insurance companies by using the software FRONTIER to obtain the maximum likelihood (ML) and to get the relative efficiency. The finding showed that Oriental Capital Assurance Bhd (OCA) is at rank 1 for the three years. The 0.03975 value for the variance gamma ( γ ) parameter in this study is far from one, suggesting that all of the residual variations are not due to the inefficiency effects, but to random shocks. It can therefore, be concluded that the technical inefficiency effects associated with the production of the total profits by the input of the general insurence are very low.
关键词：efficiency;stochastic frontier analysis;specification of Battese and Coelli;general insurance.